Of the 850 staff positions being cut, around 300 will be in Sweden based on current plans, Inter Ikea said. The company ...

For FY2016, IKEA Group total sales amounted to $37.6 billion (EUR 34.2 billion). Total sales translated into Euro increased by 7.1%. Adjusted for currency impact, total sales increased by +7.9%. Sales ...

The cuts come as the company contends with softening consumer demand and what it has characterised as growing geopolitical ...

Inter Ikea Group said the reduction in workforce is necessary as it focuses on increasing sales growth, reducing prices and boosting traffic across channels.

Inter Ikea Group announces it will cut 850 jobs, stating the organization's complexity necessitates simplification in a ...

Inter Ikea Group on Tuesday announced Jon Abrahamsson Ring has been appointed to the chief executive role. Abrahamsson Ring will assume the deputy chief role on March 1 and officially make the ...

Furniture retailer nets €5.2bn from the sale of its product development and supply chain business to group set up by founder Ikea has pledged to invest €1bn (£850m) in recycling companies and forests ...

In spite of the closing of about 75% of IKEA stores in spring, the online sales grew significantly during the lockdowns, and retail sales recovered quickly when stores re-opened, as it was informed by ...