Revenues for Ingka Group were down 5.5% from last year, at 41.8 billion euros, including IKEA retail sales of 39.6 billion euros, but the company said lower prices helped to drive store footfall ...

Ikea global retail boss Tolga Öncü is feeling chipper after finishing its last financial year on a high. Operating profits edged up 4% from £1.8bn (€2.2bn) to £1.9bn (€2.3bn) in the year ...

The world's biggest retailer of IKEA furniture on Wednesday reported a big drop in annual net profit after cutting prices in ...

Ingka Group, parent company of Ikea Retail, has set ambitious targets for boosting the AI literacy of its organization, including AI training… Get free access to tactical tips, invaluable insights, ...

Opinions expressed by Forbes Contributors are their own. Pam Danziger reports on retail, focused on the luxury consumer market. Ikea celebrated its 80th anniversary last year, having grown to be ...

Price cuts impacted Inter IKEA's wholesale sales to retailers and also hit Inter IKEA's franchise fee of 3% of net sales that it collects from them. Still, net profit jumped to 2.2 billion euros ...

Target, Macy’s and Nordstrom were once known for massive stores that anchored malls and shopping centers. Now, all three have ...

California announced settlements with Amazon, Ikea, the Dodgers and others over allegations that they illegally denied jobs ...

IKEA Canada has enabled Furniture Bank to reuse over 25,000 returned mattresses and 10,000 other essentials, diverting these ...