Keyword: IKEA

IKEA to sell its four plants in Russia

    The Swedish retailer IKEA plans to sell its plants in Russia.    The [...]

Russian factories continue to produce IKEA’s furniture under their own brands

  Once IKEA left Russia, the local furniture factories continued to produce IKEA’s furniture under their own brands [...]

IKEA ceases operations in Russia and Belarus

IKEA has decided to temporarily pause operations in Russia. This means that: Inter IKEA Group has taken the decision to [...]

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 [...]

IKEA warns of imminent price increases

    IKEA has warned of imminent price increases, as it revealed its financial results for FY21 (to [...]

IKEA expects that product shortages to last well into summer of 2022

Ikea has become the latest retailer to warn on supply chain problems, saying on Thursday that stock shortages were likely [...]

IKEA to shift production to Turkey due to global supply chain problems

Swedish-based furniture retailer IKEA is planning to minimise problems with global supply chain and increased shipping costs by moving [...]

IKEA’s parent company to buy forestland in US

Ingka Group, the parent company of IKEA, has announced it has acquired forestland property in the U.S. from The [...]

IKEA plans to enter Indian wood market delayed

IKEA India’s plans to enter in the wood market have been delayed because of the Covid-19 pandemic.  [...]

IKEA loses 1.5 billion euros due to coronavirus crisis

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