Ikea

Ikea reveals plans to shutter first UK store, 352 jobs at risk

Ikea UK has announced the proposed closure of its Coventry store in summer 2020, putting 352 jobs at risk. The…

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Ikea profits slip amid increased focus on online business

DIY retail giant Ikea has reported a 10% decrease in profits for the year to the end of August 2019,…

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Ikea UK sales top £2bn in 2019

Furniture retailer Ikea has announced that total annual sales in the UK have soared by 8% to £2.1bn for the…

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Ikea could face large EU back-tax bill

Swedish furniture giant Ikea is facing the possibility of having to pay millions of euros in back taxes, as the…

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Ikea retail sales jump 5% in full-year results

Furniture retailer Ikea has reported a 5% increase in retail sales to €36.7bn (£32.5bn) for the year ended 31 August…

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Ikea appoints new country retail manager for UK and Ireland

Furniture retailer Ikea has appointed Peter Jelkeby as its new country retail manager with responsibility for the UK and Ireland.…

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Ikea trials furniture leasing

Swedish furniture retailer, Ikea, has announced it has begun trialling an environmentally-friendly leasing scheme in one of its Swiss stores.…

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Ikea’s ‘business transformation’ leaves 350 UK and Irish jobs at risk

DIY giant Ikea has announced that 350 jobs, out of the 12,100 UK and Ireland roles, may be made redundant…

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Ikea reports strong growth in retail sales for FY 2018

Flat pack furniture retailer Ikea has reported a 4.7% increase in retail sales to €38.8bn (£33.9bn) in its full year…

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Ikea fined £100,000 after worker loses part of two fingers

Furniture retailer Ikea has been fined £100,000 after two of an engineer’s fingers were partially amputated during maintenance work on…

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