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Ikea invests in ten new small stores by 2030
Business News

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
Ikea Invests Billions in Baltic Forest Land Acquisition
Business News

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)
Ikea: Tariffs may drive up prices
Business News

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
Decreased sales for Ikea
Business News

Decreased sales for Ikea

Ikea's sales figures are plummeting and the number of visitors is decreasing. Despite this, the furniture giant is gaining market shares, according to the company
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