IKEA stores owner Ingka Group has sold its last asset in Russia, a warehouse near Moscow, to businessman Robert Uzilov, RBC ...

IKEA annual sales slumped 5% as consumers pull back on furniture purchases amid a weak housing market, according to an earnings report released Thursday. The Swedish home decor retailer has ...

Ikea reported a 5.3 percent drop in annual sales to 45.1 billion euros ($49.3 billion) on Thursday, as the world's biggest furniture retailer lowered prices. "This is mainly due to lower prices.

LONDON (Reuters) - 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 ...

Ingka Group, which runs most IKEA stores globally, has sold its final asset in Russia, a warehouse near Moscow, to Russian businessman Robert Uzilov, the RBC business daily reported on Friday, citing ...

Right thing to do’ – The group began to lower prices in September 2023 to improve sales volume at its stores. Ikea said physical store visits increased by 4.5 percent following the price drops ...

LONDON (Reuters) - 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 ...

Ikea reported Thursday that its annual sales fell in value after the world's biggest furniture retailer lowered prices to revive traffic at its online and brick-and-mortar stores. The Swedish ...

Ikea reported Thursday that its annual sales fell in value after the world's biggest furniture retailer lowered prices to revive traffic at its online and brick-and-mortar stores. The Swedish company ...