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 ...

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 ...

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