Around the Net
Ikea To Maintain Investment Drive
- CNBC, Monday, March 12, 2018 8 AM
Ikea, the world's biggest furniture retailer, will maintain or raise already high levels of investment in coming years as it adapts to fast-changing shopping habits, its new CFO said. In a strategy shift, privately held Ikea is starting to add city-centre showroom formats to entice new generations, while also further developing its online store to stave off competition from internet giants including Amazon.
