LONDON (Reuters) - IKEA is investing in price cuts on some products across a range of countries, including Belgium, Canada and India, as the furniture .
China is still a key
growth market for budget furniture retailer IKEA despite the
world s second-largest economy showing signs of strain,
executives at the biggest IKEA store owner said on Thursday. . -October 12, 2023 at 07:00 am EDT
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STOCKHOLM Swedish furniture giant Ikea said on Thursday it was counting on price drops launched in September to stem two years of falling sales volumes attributed to soaring inflation.The company reported on Thursday a 6.6 per cent rise in sales for the full-year to 47.6 billion euros ($50.2 billion.)"This positive result was achieved despite the continued challenge of lower