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 ...

Your wallet will thank you. Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news. Want to spruce up your home with the best bargains? IKEA is having a massive ...

STOCKHOLM—IKEA recorded a drop in annual sales after lowering the prices of its goods to encourage shoppers into stores. The Swedish furniture giant’s sales fell 5.3% to 45.1 billion euros ($ ...

LONDON, Oct 10 (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 ...

Ikea has reported a slump in its UK sales. (Photo by Brandon Bell/Getty Images) The UK arm of Ikea has suffered a slump in its sales for its latest financial year as under-pressure shoppers held ...

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.

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 ...

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 ...