IKEA continues to cut prices in response to economic pressures

by ssbhayani | May 1, 2024 | #timberindustrynews, Daily News, furniture, Ikea, Industry News, Lumber Pricing Trends, prices

Amid economic pressures and reduced consumer spending, IKEA, under the stewardship of Ingka Group,…

IKEA’s parent company buys forestland in Finland, Estonia and Latvia

by ssbhayani | Feb 27, 2024 | #timberindustrynews, Daily News, Estonia, Finland, forestland, Ikea, Industry News, Latvia

Ingka Investments, the investment arm of Ingka Group, the parent company IKEA…

Ikea pushes for new price cuts; sees economic and supply chain improvements

by ssbhayani | Feb 6, 2024 | #timberindustrynews, Daily News, furniture, Ikea, Industry News, Lumber Pricing Trends, prices

Two years ago, Ingka Group, Ikea’s parent company, faced challenges and increased…

Will Ikea withdraw from Poland? Loss of FSC certification causes competitiveness problems

by ssbhayani | Dec 21, 2023 | #timberindustrynews, Daily News, fsc, Ikea, Industry News, Poland

Poland’s State forests did not reach an agreement with FSC, to the…

Gazprombank buys IKEA stores owner’s in Russia

by ssbhayani | Nov 28, 2023 | #timberindustrynews, Daily News, Gazprom, Ikea, IKEA Industry, IKEAm furniture, Industry News, Inter IKEA, Russia

Gazprombank Group has agreed to buy IKEA owner Ingka Group’s 14 MEGA…

Ikea to cut furniture prices as supply chain starts to ease

by ssbhayani | Oct 19, 2023 | #timberindustrynews, Daily News, furniture, Ikea, IKEA Industry, Industry News, Lumber Pricing Trends, prices, Supply Chain

Ikea has promised to pass on cost savings to customers by cutting…