Furniture Industry

The Latest

  • Ikea China To Offer Massive Price Cuts To Tap Into Pent-Up Demand
    Ikea
    Ikea will be offering discounts worth more than 200 million yuan on over 250 of its products in China starting September 1.
  • US Furniture Retailer Wayfair Reports Massive Surge In Sales
    Wayfair Share Prices
    Share prices of online retailer Wayfair surged by more than 37 percent after it reported a massive increase in sales over the past couple of months.
  • Ikea Launches First Mobile App In China To Increase Sales
    IKEA
    Ikea has just launched its first-ever Chinese mobile app to tap into more tech-savvy consumers in one of its largest markets.
  • Ikea To Pay $46 Million Settlement In Case Involving The Death Of A Toddler
    Ikea Lawsuit
    Ikea has agreed to pay the family of two-year-old Jozef Dudek, who died in May 2017 after an Ikea Malm dresser collapse on him, $46 million.
  • Ikea To Shutdown Only US Factory In December To Cut Costs
    IKEA US Factory
    The Swedish-founded furniture company announced that it would be closing its facility in Danville, Virginia in December this year.