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.

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

“Strategist Brain” is a series where staffers share the stores they’ve stopped into, stuff they’ve spotted, and extra tidbits ...

IKEA Canada prioritized lower prices and continued investment in omnichannel transformation as fiscal year 2024 rang in $2.87 ...

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Ikea reported Thursday that its annual sales fell in value after the world's biggest furniture retailer lowered prices to ...

The UK arm of the Swedish homeware giant said retail sales dropped by 6.8% to £2.3 billion for the year to August.

Ikea’s Irish division has reported retail sales of €246m in the year to the end of August. This was down 2.4pc from €252m reported in the retailer’s previous financial year. The group said that it had ...

Ikea’s sales took a hit in 2024 as the flat-pack furniture seller lowered prices in a bid to remain affordable for its ...

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