IKEA CEO Hopes $2.1 Billion Price Cuts Will Draw Shoppers From Costly Competitors After Shaky Year
Things are tight for shoppers right now. Prices are high. Wallets are stretched. And people are looking for deals wherever ...
Ikea’s Largest Retailer Takes Hit on Profit After Price Cuts
Ingka Group, the largest Ikea retailer, saw a sharp decline in full-year profit after a round of price cuts and tough ...
Microsoft Faces FTC Probe, Unusual Machines Stock Surges, Ikea Profits Decline
Microsoft faces an FTC antitrust probe, Unusual Machines shares surge after Donald Trump Jr.'s appointment, and Ikea profits ...
BBC3y
Ikea warns stock shortages to last into next year
Last month, Ikea said it was struggling to supply 10% of its stock, or around 1,000 product lines including mattresses, to its 22 stores in the UK and Ireland amid the continuing shortage of HGV ...
Reuters24d
IKEA reports higher profit despite revenue hit from price cuts
LONDON, Nov 8 (Reuters) - Inter IKEA, the owner of the world's biggest furniture brand, reported higher profits for 2024 thanks to lower interest payments, despite a sharp decline in revenues ...