IKEA’s annual summer sale starts today, Thursday 6th June, offering customers up to 80% off on selected lines. And boy, did they select well as even some of the latest special collections are ...
LONDON (Reuters) - The world's biggest retailer of IKEA furniture on Wednesday reported a big drop in annual net profit after cutting prices in an attempt to coax more cost-conscious shoppers into ...
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 ...
Its operating profit margin was 3% on an operating profit of 1.3 billion euros, down from 2 billion euros in 2023. The retailer, which runs stores in 31 countries and accounts for 90% of global IKEA ...
The year was also marked by high inflation, rising interest rates and dampened consumer demand, IKEA said. The company announced plans to improve accessibility across all sales channels ...
Ingka prioritized affordability, investing €2.1 billion in price reductions, leading to increased sales volumes of key items. Representative image The world's biggest retailer of IKEA furniture ...
Swedish flatpack furniture retailer Ikea says it achieved total UK sales of £1.814bn in the UK for the financial year ending 31 August 2017. That was 5.8% more than in the previous year ...
In comparison, online sales of products via IKEA's website, which is owned by Ingka, amounted to around 9.9 billion euros, or 25% of total sales in Ingka's financial year ending Aug. 31 ...
Warehouses and stores will remain closed until the retailer’s return and plants in case of their sale will provide IKEA with a right to produce goods in future at contractual prices MOSCOW ...
STOCKHOLM (Reuters): IKEA reported annual sales above 40 billion euros (US$44bil) for the first time on Wednesday as the Swedish furniture group's push into e-commerce produced another surge in ...