Ikea could face large EU back-tax bill
Swedish furniture giant Ikea is facing the possibility of having to pay millions of euros in back taxes, as the European Commission nears its investigation into the company. According to ...
Companies: Ikea
Ikea retail sales jump 5% in full-year results
Furniture retailer Ikea has reported a 5% increase in retail sales to €36.7bn (£32.5bn) for the year ended 31 August 2019. Its parent company, the Ingka Group, said this follows ...
Ikea appoints new country retail manager for UK and Ireland
Furniture retailer Ikea has appointed Peter Jelkeby as its new country retail manager with responsibility for the UK and Ireland. Taking over from Javier Quiñones, who joins Ikea USA as ...
Ikea trials furniture leasing
Swedish furniture retailer, Ikea, has announced it has begun trialling an environmentally-friendly leasing scheme in one of its Swiss stores. Alongside the trial, Ikea has introduced programmes which will see ...
Ikea’s ‘business transformation’ leaves 350 UK and Irish jobs at risk
DIY giant Ikea has announced that 350 jobs, out of the 12,100 UK and Ireland roles, may be made redundant during the next two years as part of its ‘business ...
Ikea reports strong growth in retail sales for FY 2018
Flat pack furniture retailer Ikea has reported a 4.7% increase in retail sales to €38.8bn (£33.9bn) in its full year 2018 report. The company opened 12 new Ikea stores, including ...
Ikea fined £100,000 after worker loses part of two fingers
Furniture retailer Ikea has been fined £100,000 after two of an engineer’s fingers were partially amputated during maintenance work on a roof-mounted fan at its Bristol store. The incident took ...
Unions file complaint against Ikea over ‘workers’ rights abuses’
An international coalition of labour unions is calling for an investigation into supposed “wide-ranging violations” of workers’ rights at furniture retailer Ikea. The complaint, delivered to the Dutch OECD National ...
Ikea to remove all single-use plastic products by 2020
Swedish furniture retailer Ikea has launched its updated ‘People and Planet Positive’ scheme, as part of new sustainability strategy. The commitments, which will be achieved by 2030, aim to inspire ...
Ikea reports lower than average gender pay gap
Ikea has revealed that its gender pay gap is 6.9%, which is significantly lower than the UK retail average of 16.4%. Women who work in the distribution division of the ...
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