Ikea reported Thursday that its annual sales fell in value after the world's biggest furniture retailer lowered prices to revive traffic at its online and brick-and-mortar stores. The Swedish ...

LONDON (Reuters) - IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market ...

Inter Ikea, the owner of the Swedish furniture brand, has reported a rise in profit for 2024 despite a drop in sales following its decision to cut prices across a range of products. Operating ...

STOCKHOLM--IKEA store owner Ingka Group is investing 1.5 billion euros ($1.58 billion) in energy-efficiency improvements as part of its sustainability plan.

Ingka Group, which owns most IKEA stores globally, reported 39.6 billion euros, or $43.3 billion, in sales for its fiscal year 2024 which ended Aug. 31. “In all our markets we experienced a ...

Can’t wait for Black Friday deals? Check out the early sales you can get at Ikea. This retailer is discounting furniture, decor and more, meaning it’s a perfect time to get your home ready for ...

Ingka Group, which runs most IKEA stores globally, has sold its final asset in Russia, a warehouse near Moscow, to Russian businessman Robert Uzilov, the RBC business daily reported on Friday, citing ...

Ikea reported a 5.3 percent drop in annual sales to 45.1 billion euros ($49.3 billion) on Thursday, as the world's biggest furniture retailer lowered prices. "This is mainly due to lower prices.

For 2025, IKEA expects a boost to sales as lower interest rates drive more people to move house, which usually prompts buying of beds, sofas, and bookcases. Store visits increased by 3.3 per cent ...

LONDON (Reuters) - IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but it ...