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Keyword: Ikea

IKEA loses 1.5 billion euros due to corona crisis despite surge in online sales

     IKEA announced retail sales of 35.2 billion euros in the financial year to September. That [...]

IKEA to invest 150 million euros in Spain

IKEA announced an investment of around 150 million euros in the next 3 years in an expansion and transformation plan [...]

IKEA plans to review its Ukrainian wood supply after critical report

Furniture retailer IKEA said on Tuesday it would review its wood supply chain in Ukraine after a report by a [...]

Ikea faces allegations it used illegally logged timber from Ukraine

Some of Ikea’s wood products may have been made with illegally sourced timber from ancient forests in Ukraine.  [...]

IKEA to start reopening stores in Europe in May; sales dropped 60% during closure

IKEA store owner Ingka Group, the world’s biggest furniture retailer, aims to start reopening shops in Europe in May [...]

IKEA making masks to help fight coronavirus

Furniture giant IKEA is producing face masks and other protective gear for hospitals, joining a growing list of companies branching [...]

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 [...]

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 [...]

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 [...]

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.    [...]