Ikea posts fall in annual sales
Ikea’s Sales Slip Following Furniture Seller’s Price Cuts
Ikea’s sales took a hit in 2024 as the flat-pack furniture seller lowered prices in a bid to remain affordable for its customers.
Ikea posts fall in annual sales after lowering 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.
IKEA sales fall 5% after price cuts amid weak housing market
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 market, but it expects a recovery next year.
Ikea posts first drop in revenue since 2020 after cutting prices
Ikea discloses its annual financial information in two stages — sales in October, and profitability and its balance sheet next month. Ring conceded that such a hit to the top line — its first annual fall in revenues since 2020 — would make it “challenging” for profitability.
IKEA Slashed Prices On 2,000 Items, More Cuts Coming
Fresh off a RM1.46 billion fiscal crescendo for FY2024, IKEA Malaysia is set to unleash a tsunami of savings on its chart-topping products.
Ikea reports drop in retail sales last year but remains committed to ‘continuing to lower prices’
Ikea’s Irish division has reported retail sales of €246m in the year to the end of August. This was down 2.4pc from €252m reported in the retailer’s previous financial year. The group said that it had invested more than €10m in lowering the prices of almost 3,
Ikea’s revenue hit as it spent €2 billion slashing prices. Here’s how it plans to lure more customers to its furniture and meatballs
Ikea's top line took a beating, but the company defends the decline as it managed to draw more shoppers than the previous ...
IKEA calls for more China stimulus measures
Swedish furniture retailer IKEA called on China on Thursday to deploy further stimulus measures, after the government ...
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