Ikea has tried to take an alternative approach to inflation by absorbing costs instead of passing them on to customers and cutting prices twice this year by a collective €2 billion. While that ...
Ingka Group, the largest Ikea retailer, saw a sharp decline in full-year profit after a round of price cuts and tough ...
Ikea took the unlikely approach of cutting prices as costs were rising. Now, Trump's tariffs could open up a whole new can of ...