IKEA Says Supply Chain Issues Forcing Them to Raise Prices

IKEA Says Supply Chain Issues Forcing Them to Raise Prices

IKEA has boosted its prices due to the supply chain crisis.

The world’s largest furniture retailer announced on Thursday that they will be upping their prices by an average of nine percent across all markets.

“Unfortunately now, for the first time since higher costs have begun to affect the global economy, we have to pass parts of those increased costs onto our customers,” IKEA’s Retail Operations Manager Tolga Öncü said in a statement.

Trending: BREAKING BOMBSHELL: Video From Speaker’s Lobby Shows Ashli Babbitt Tried To STOP Attack On Capitol Before She Was Shot To Death

Reuters reports, “IKEA had previously said it was leasing more ships, buying containers and re-routing goods between warehouses to mitigate supply chain disruptions but said it was now having to pass the costs onto customers, as it expected the turbulence to continue.”

“IKEA continues to face significant transport and raw material

Continue reading

You Might Like


Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend