The UK arm of Ikea has suffered a slump in its sales as under-pressure shoppers held off buying bigger-ticket items.

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 UK has revealed a slump in sales for the past year as under-pressure shoppers held off buying bigger-ticket items.

We’ll finally get some details and perhaps some closure on TD Bank’s money-laundering overhang today, as regulators and the ...

Last year, Ikea slashed prices to give inflation-weary customers a break, but revenue fell for the first time in four years.

Ikea's top line took a beating, but the company defends the decline as it managed to draw more shoppers than the previous ...