The world's biggest retailer of IKEA furniture on Wednesday reported a big drop in annual net profit after cutting prices in ...

The retailer, which runs stores in 31 countries and accounts for 90% of global IKEA sales, said it prioritised affordability over profit, investing 2.1 billion euros in lowering prices on items ...

This item is new, so there aren’t any reviews on IKEA’s website, but it’s still in stock in-store and online. Because the ...

Price cuts impacted Inter IKEA's wholesale sales to retailers and also hit Inter IKEA's franchise fee of 3% of net sales that it collects from them. Still, net profit jumped to 2.2 billion euros ...