IKEA sales fall for third consecutive year as company cuts prices and jobs
IKEA's sales continue to decline. For the third year in a row, the furniture company’s global sales have fallen.
BusinessIKEA's sales continue to decline. For the third year in a row, the furniture company’s global sales have fallen.
BusinessThe Ikea department store chain is carrying out a reorganization that will lead to job cuts at two locations. Around 60 positions at Ikea in Älmhult are at risk, according to a notice.
BusinessIkea is to cut the prices of more than 1,500 products by around 15 to 25 percent. According to the company, this includes the Billy furniture series.
BusinessEarly voting for Swedes abroad begins on Thursday at embassies, consulates and in some cases at Ikea stores. Historically, voter turnout in this group has been low, but the politically independent organization Swedes Around the World believes that is changing.
SwedenIngka Group, Ikea's largest retail group, is continuing to launch smaller stores to complement its larger department stores. The plan is to open ten new stores by 2030.
BusinessSouthwest of Burgsvik, on southern Gotland, is Sweden's sunniest square meter. The location was identified by furniture giant IKEA with meteorological expertise from SMHI.
SwedenIKEA continues to cut back. Now 850 people will be laid off, 300 of them in its Swedish operations, Dagens Industri reports.
BusinessNearly 2,000 employees in the hotel and restaurant industry in Norway are going on strike. Over 100 hotels and restaurants in Oslo and Bergen are affected, including IKEA restaurants.
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