The Swedish furniture giant’s sales fell 5.3% to $49.34 billion in the 12 months to Aug. 31, after lowering the prices of its ...
IKEA will open a new store in a major city centre next year as it continues its focus on high street locations. The shop in Churchill Square, Brighton, will replace the former Debenhams store ...
Ikea's top line took a beating, but the company defends the decline as it managed to draw more shoppers than the previous ...
The Swedish home decor retailer has slashed prices and committed itself to making more price cuts in the future in an effort ...
Ikea’s sales took a hit in 2024 as the flat-pack furniture seller lowered prices in a bid to remain affordable for its ...
Last year, Ikea slashed prices to give inflation-weary customers a break, but revenue fell for the first time in four years.
Ikea reported Thursday that its annual sales fell in value after the world's biggest furniture retailer lowered prices to ...
IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and ...
IKEA UK saw its retail sales decline by 6.8% to £2.3 billion in its 2024 financial year following a strategic decision to ...
IKEA's annual sales fell by 5% as the retailer slashed prices to attract more customers amid a shrinking home furniture ...
Alongside price reductions, the company invested over Euro 1.3 billion in store upgrades, new locations, and digital ...