Stockholm, Oct 10, 2024 (AFP) - Ikea posts fall in annual sales after lowering prices

NAMPA / AFP

2024-10-10

Ikea reported Thursday that its annual sales fell in value after the world's biggest furniture retailer lowered prices to revive traffic at its online and brick-and-mortar stores. The Swedish company said sales amounted to 45.1 billion euros ($49.3 billion) in its fiscal year ending in August, down 5.3 percent from the previous 12-month period. "This is mainly due to lower prices. The result was achieved despite a struggling global economy and sh......

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Business & Finance News

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Washington, Oct 10, 2024 (AFP) - US consumer inflation eases to 2.4% in September

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Washington, Oct 10, 2024 (AFP) - US consumer inflation eases to 2.4% in September: govt

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