Ikea owner warns of price rises as supply chain crisis takes toll

Profits fall as group says keeping stores and warehouses stocked ‘has been a challenge’

The prices of Ikea furniture and homeware are to rise as a result of lasting disruption to its supply chain, the brand’s owner has warned, after increased costs of raw materials and transport knocked its full-year profits.

Inter Ikea Group, the parent company of the Ikea brand, which is operated by a string of franchise businesses, said it expected challenges in its supply chain to last well into 2022.

Continue reading...


Know the benifits of facebook marketing ---http://bit.ly/2RgChw3
Top rated Digital marketing. From $30 Business growth strategy Hello! I am Sam, a Facebook blueprint certified marketer. Expert in Facebook Ads, Instagram Ads, Google Ads, YouTube Ads, and SEO. I use SEMrush and other tools for data-driven research. I can build million-dollar marketing strategy for your business.
Learn more
Reactions

Post a Comment

0 Comments