Ikea in the crosshairs as Trump adds 50% furniture tariffs

Given the number of products that Ikea sells that would be covered under Trump’s new 30% to 50% tariffs, the company now ...
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Inter Ikea Group retail sales fall 1% in FY25

Inter Ikea Group recorded a 1% decline in total retail sales for the financial year 2025 (FY25) that ended on 31 August. The company reported total sales of €44.6bn ($52.27bn), compared with €45.1bn ...

IKEA Turns to Small-Town Shoppers to Power Its Next Growth Phase

IKEA is looking to small towns as a new engine of growth. After decades of opening stores on the outskirts of big cities and ...

IKEA sales fall for second year as retailer makes aggressive price-cutting push

IKEA's annual sales fell for a second consecutive year, it reported on Thursday, as the budget furniture retailer stuck to a strategy of cutting prices to attract cash-strapped consumers and gain ...