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 ...

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 announced on Wednesday that, following a comprehensive review of its customer touchpoints in China, it will close seven ...

IKEA is closing seven China stores and pivoting to smaller outlets and digital delivery amid a property slump and rising ...

IKEA plans to close seven stores in China by February 2, as part of a strategic shift in response to sluggish consumer ...

The stores earmarked for closure include one in suburban Shanghai, another in Guangzhou, and several more in second-tier ...