Keyword: IKEA

IKEA posts record sales on booming online revenues

    IKEA reported annual sales above 40 billion euros ($44 billion) for the first time on Wednesday [...]

IKEA shuts down its last plant in US

IKEA Industry will close its plant in Danville, Virginia, at the end of the year. As evidenced by several identical [...]

IKEA completes expansion of furniture factory in Poland

IKEA Industry has completed the expansion of its factory in Zbąszynek, Poland. The site is now the largest furniture [...]

IKEA plans to enter Mexico

    IKEA is exploring locations in Mexico City, Guadalajara and Monterrey to open its first store in [...]

IKEA and UPM to grow wood sourcing in Russia

On 25 February 2019, Hasslacherles, UPM Chudovo, IKEA Industry Novgorod and the Administration of the Novgorod region have signed a [...]

IKEA Group will conduct an audit at Kronospan’s mills in Poland

  The IKEA Group will conduct an audit at the Polish mills of the Austrian company Kronospan, which is [...]

IKEA plans a $450 million investment in Vietnam

Swedish furniture giant IKEA plans to invest an estimated $450 million to set up a retail system and warehouses in [...]

IKEA sells a particleboard plant in France

    IKEA Industry AB, part of the Inter Ikea Group, has accepted the takeover offer made at [...]

IKEA speeds up its transition as to meet unprecedented change of global retail trade

The Ingka Group (Ingka Holding BV and controlled entities) is speeding up its transformation plans. The company plans to invest [...]

IKEA’s sales grow following India expansion and higher online sales

    Swedish furniture giant IKEA reported rising sales for the year to August, helped by a big [...]