Ikea invests in ten new small stores by 2030
Ingka 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.
Business
Ikea Invests Billions in Baltic Forest Land Acquisition
Furniture retailer Ikea's largest franchise owner Ingka Group buys 153,000 hectares of forest land in Latvia and Estonia for 720 million euro (equivalent to 7.9 billion kronor).
Business
Ikea: Tariffs may drive up prices
Customs duties can make it harder to keep prices down in IKEA's stores, according to the CEO of Ingka Group. The statement comes after the US's incoming president Donald Trump announced that he wants to raise customs duties on goods from several countries.
Business