Tag "Ingka Group"

The world’s largest IKEA fulfillment center opens in Hungary

With an investment of more than 20 billion forints, IKEA has begun testing a new business model, centered on the Soroksár store. The Swedish furniture chain was the first to...

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Standing on the side of customers, IKEA has invested more than 2.1 billion euros in reducing prices

Today, Ingka Group announced IKEA retail sales of EUR 39.6 billion for the 2024 financial year, a 5 percent decrease compared to last year (EUR 41.7 billion in FY 2023)....

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Main IKEA retailer expects to exceed renewable energy goal by year’s end

Ingka Group, which owns most IKEA stores, will by year’s end exceed its 2020 target to produce as much renewable energy as the energy it consumes, Ingka Chief Executive Jesper...

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