Tag:

Ikea

IKEA boosts U.S. production amid rising tariffs

IKEA is ramping up production in the U.S. as tariffs increase import costs for furniture, mattresses, and sofas. The move includes expanding factories like SBA Home’s North Carolina facility, which aims to produce 2 million pieces annually.

05 Dec 2025-10:40
IKEA opens its most distant store yet — in New Zealand

IKEA opened its first store in New Zealand on Thursday, marking the Swedish furniture giant’s entry into its 64th market and establishing its furthest location from its home country.

04 Dec 2025-09:45
IKEA profits drop as price cuts and tariffs weigh on earnings

IKEA, the world’s largest furniture retailer, reported a 32% drop in annual profits on Friday, citing its strategy of lowering prices to drive sales and the impact of higher U.S. tariffs.

07 Nov 2025-17:43
Polish soldiers face trial over 240 mines left outside IKEA warehouse

Four Polish army soldiers are facing prosecution after allegedly negligently planting 240 anti-tank mines near an IKEA warehouse.

13 Jan 2025-01:45
Trade tariffs make it harder to keep prices low, IKEA executive says

27 Nov 2024-18:39