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January 5, 2022

Ikea is hiking its prices due to supply chain crisis

  Ikea is raising its prices by 9% on average due to supply chain challenges.  An Ikea spokesperson said the impact will be bigger in North America. Companies around the world have been warning of supply chain challenges since the onset of COVID-19.  Ikea is hiking prices by an average of nearly 10%, due to supply chain bottlenecks and the surging cost of materials amid the pandemic.  The Swedish furniture maker has built a reputation for its economical yet stylish flatpack furniture but a spokesperson said that it was starting to raise prices.   ...

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