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Ikea to revamp stores as online business grows | Money

STOCKHOLM, May 9 The company that controls most Ikea branches is repurposing its stores to adapt to soaring online business. Ingka Group said Monday it was investing €3 billion (RM14 billion) by the end of 2023 to open new shops and modernise existing ones. “The investment will allow us to.

IKEA to spend €3bn to improve e-commerce distribution

The money will be spent across all regions, though about a third is earmarked for London a test-bed for new store formats and logistics set-ups

4 Retailers That Are Raising Prices in 2022

IKEA to increase prices by 9pc worldwide due to supply challenges | Money

MOSCOW, Dec 31 ― Furniture giant IKEA has decided to increase prices by around nine per cent worldwide due to the difficulties associated with commodity and supply chains, INGKA Holding, the owner of the majority of IKEA stores, said yesterday. “Prices will go up across Ingka Group markets,.

IKEA to hike prices by nearly 10%

Ongoing supply-chain woes continue to disrupt the retailer?s operations Iconic Swedish furniture brand IKEA ha

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