IKEA annual sales slump 5% on weak housing market as company commits to price cuts

  • 📰 nypost
  • ⏱ Reading Time:
  • 19 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 67%

Business 뉴스

Corporate Earnings,Housing,Ikea

The Swedish home decor retailer has slashed prices and committed itself to making more price cuts in the future in an effort to win back cash-strapped customers.

IKEA annual sales slumped 5% as consumers pull back on furniture purchases amid a weak housing market, according to an

IKEA started cutting prices after seeing a drop in store visits and sold quantities. The more affordable prices improved store traffic and the amount of products sold, Brodin said.TD Bank fined $3B for failing to prevent money laundering by drug cartels“We are in times when dreams and needs for a better life at home are greater than ever,” Brodin said in a statement.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 91. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인