The brand is traversing one of the toughest periods of its more than 80-year history: flat sales, soaring timber costs and ...

Ikea will close seven stores in mainland China, as the multinational furniture retailer grapples with the country’s weak ...

The news comes as Chinese shoppers hold back on spending, with retail sales growth in the country slowing in each of the last ...

Furniture retailer IKEA is closing seven stores in China from February 2, it said in a statement on Wednesday.

The company said the decision forms part of an optimisation exercise aimed at improving efficiency across its physical and ...

IKEA's revamp of its smart home products doesn't end with Matter support. The furniture and home goods company also has a ...

Living with a cat in a small space means every piece of furniture has to earn its keep. You want your home to look ...

The restructuring is aimed at directing resources to channels closer to consumers Read more at The Business Times.