STOCKHOLM, Sept 10- IKEA does not expect a slowdown in demand for its products in its fastest-growing market, China, despite a sluggish economy, and the world's biggest furniture retailer is sticking to investment plans for the country, its chief executive said. A faltering economy has prompted several international retailers to rethink their China...» Read More
Ikea heads into the woods to supply some of its own manufacturing needs.
Lindsey Bell, Senior Analyst at S&P Capital IQ, explains why she's expecting a monthly increase of 0.3 percent.
LONDON, June 24- IKEA Group plans to trial a new small-format store in Britain as it seeks to extend its reach across the country, the world's largest furniture retailer said on Wednesday. The privately owned Swedish company, known for its flat-pack, self-assembly furniture, intends to trial "order and collection points", starting in Norwich, eastern England, in the...
OSLO, June 4- IKEA, the world's biggest furniture retailer, pledged on Thursday to spend 1 billion euros on renewable energy and ways to help poor nations cope with climate change, in a new sign of companies upstaging governments on the issue. It's good for customers, good for the climate and good for IKEA too ", Chief Executive Peter Agnefjall told Reuters in an...
Lennart Lajboschitz, Flying Tiger founder, discusses its approach to the discount space and its foray into the U.S. market.
*To spend most in China and Russia. COPENHAGEN, April 15- IKEA, the world's biggest furniture retailer, plans to spend up to 3 billion euros on new shopping centres over the next 5-7 years, aiming to cash in on the popularity of its stores by collecting rent from retailers keen to set up nearby. Several supermarket groups such as France's Carrefour have pursued a...
Investors get rattled over Pier 1 Imports' decision to slash its full-year guidance.
Home Depot's earnings report coverage on Tuesday morning caused confusion among various news publications. What happened?
The stronger-than-expected quarterly results have some analysts convinced that the retailer's turnaround is finally taking hold.
Some brands make such an impression that the notion of them dissolving is unthinkable. Click ahead to see iconic brands that have vanished.
In their panic to compete, brick-and-mortar stores overlook what really matters to their customers—service, according to a Gallup poll.
The company reported a loss of 1 cent a share on revenue of $758 million.
Domestic goddess Martha Stewart brought some baked goods and optimism on a day the stock market was slammed.
At least one analyst at Target pushed for an investigation into payment systems after government and industry reports.
The seller of gadgets, wine accessories, and furniture is in talks with firms about investing. The WSJ reports.
CNBC's Seema Mody takes a look at the home furnishing sector. Mody says Citi favors Williams-Sonoma and expects them to benefit from favorable housing trends, better merchandise and competitive planning.
Mark Mahaney, Internet Analyst at RBC Capital Markets explains what's driving the shoppers' migration from offline to online with mobile platform also gathering pace.
The Container Store's IPO priced at $18 per share, the high end of its expected range on Thursday.
IKEA'S augmented reality app allows users to photoshop an IKEA product into their homes, allowing customers to assess color scheme and the item's size before purchasing it.
JC Penney changed its pricing model from everyday low pricing to sales. But employees say the company artificially inflated prices, then put those same items on sale.