Ikea Archives - Global Wood Markets Info

IKEA to close all its furniture stores in Germany

In order to protect the safety of customers and employees and to limit the further spread [...]

March 18, 2020

IKEA starts selling its products on Alibaba; aims to extend on the Chinese market

IKEA on Tuesday (Mar 10) started selling its products on Alibaba's Chinese e-commerce platform Tmall, the [...]

March 10, 2020

IKEA to close its stores in mainland China due to coronavirus outbreak

IKEA has decided to close its stores in mainland China due to the coronavirus outbreak, until further notice [...]

February 4, 2020

IKEA to acquire 42,000 acres of forestland in East Texas

IKEA has acquired 42,000 acres of forestland in East Texas to source wood for its furniture. [...]

November 25, 2019

IKEA closes a sawmill in Poland

IKEA Industry will close its sawmill in Chociwel in northwestern Poland. According to the company, the [...]

November 25, 2019

IKEA reports record sales on booming online revenues

IKEA reported annual sales above 40 billion euros ($44 billion) for the first time on Wednesday as the Swedish furniture [...]

September 26, 2019

Ikea to close its last U.S. plant

Ikea Industry will close its last U.S. plant with production being relocated to Europe. The Swedish furniture giant says [...]

July 15, 2019

IKEA completes expansion of the largest furniture production complex in the world

IKEA Industry has completed the expansion of its factory in Zbąszynek, Poland. The site is now the largest furniture [...]

May 10, 2019

Furniture manufacturing factory to be built in Belarus For IKEA

The Belarusian subsidary of Polish IKEA supplier GABI Group has announced that it will build a manufacturing factory for the [...]

April 8, 2019

IKEA tests furniture rental in 30 markets

IKEA will expand tests to allow customers to rent desks and sofas rather than buy them as it shifts away [...]

April 5, 2019

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