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Business

Ikea customers to pay 9% more when they enter stores from 2022 New Year’s Day

Ikea said its customers will pay more when they shop at its stores in 2022. Like many companies with tight profit margins, the world’s biggest furniture seller is struggling to absorb higher costs because of ongoing global supply chain problems. Ikea said prices at its stores will increase by an average of 9% around the […]

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Insane

Ikea is offering 107-square-foot apartment for less than $1 per month in Tokyo

Swedish retailer Ikea is becoming a landlord in Japan with a tiny apartment it will rent out in Tokyo. The 107-square-foot apartment is located in the Shinjuku district and will cost just 99 yen ($0.86) per month to rent, according to details released by Ikea this week. Only one unit is available, and it is […]

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World

French court fines Ikea $1.2 million for spying on staff

A French court ordered Dutch multinational furniture retail company, Ikea to pay a fine of $1.2 million for spying on staff in France. Ikea’s former CEO Jean-Louis Baillot was handed a 2-year suspended term and a $60,000 fine. Apart from the CEO, 14 more people including top executives, former police officers and store managers faced […]

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World

Ikea’s French subsidiary goes on trial over accusations of spying

Ikea’s French subsidiary and several of its former executives went on trial Monday over accusations that they illegally spied on employees and customers. Trade unions reported the furniture and home goods company to French authorities in 2012, accusing it of collecting personal data by fraudulent means and the illicit disclosure of personal information. The unions […]

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Insane

YouTuber’s fancy Bali vacation photos were taken in an Ikea

Natalia Taylor, a popular YouTuber posted a series of photos on her Instagram that made it seem like she had traveled to a far-off exotic destination. There she was lounging in a fancy bathtub. In another, she posed in front of a floral print mirror. “The queen has arrived,” she wrote in the caption. Her […]