Ingka Group has revealed a significant reduction in the cost of meals at IKEA restaurants from Monday to Friday across global markets.

Big retail chains are looking to up their game when it comes to ready-to-eat meals—and managing prices in a bid to keep ...

IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but it expects a ...

In 14 countries around the world, Ingka Group is cutting the price of restaurant meals in half Monday through Friday, with kids eating free.

IKEA annual sales slumped 5% as consumers pull back on furniture purchases amid a weak housing market, according to an earnings report released Thursday.

Price cuts impacted Inter IKEA's wholesale sales to retailers and also hit Inter IKEA's franchise fee of 3% of net sales that it collects from them.

Ikea shoppers will see price cuts of up to 50% at many of the company's restaurants globally, as the Swedish retail giant aims to attract cost-conscious consumers.

Ingka Group, the largest Ikea retailer, saw a sharp decline in full-year profit after a round of price cuts and tough economic conditions weighed on the bottom line.