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IKEA Annual Sales Fall
IKEA Annual Sales Fall After Lowering Prices
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 goods to encourage shoppers into stores.
IKEA sales fall 5% after price cuts amid weak housing market
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 expects a recovery next year.
Ikea’s Sales Slip Following Furniture Seller’s Price Cuts
Ikea’s sales took a hit in 2024 as the flat-pack furniture seller lowered prices in a bid to remain affordable for its customers.
2h
Ikea sales slump as shoppers feel the pressure
The UK arm of Ikea has suffered a slump in its sales as under-pressure shoppers held off buying bigger-ticket items.
6h
IKEA calls for more China stimulus measures
Swedish furniture retailer IKEA called on China on Thursday to deploy further stimulus measures, after the government ...
The Irish Times
14h
Ikea’s Irish revenues down 2.4% amid wide price-cutting push
Ikea
Ireland said widespread price reductions led to a 2.4 per cent decline in the value of
sales
in the 12 months to the ...
2h
Ikea UK says low prices remain 'long-term priority' after sales slump revealed
Ikea UK has revealed a slump in sales for the past year as under-pressure shoppers held off buying bigger-ticket items.
2d
Ikea’s poignant new ads are a powerful call to action
Ikea has released a series of poignant ads, raising awareness of the recent catastrophic floods in northern Thailand. A sharp ...
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