Ikea has raised prices on some of its key product lines by as much as 50% as it warns that cost pressures triggered by Covid-19 have impacted its supply chain.
Ikea has increased prices on its flat-pack furniture after it warned at its full-year results in November that higher transport and raw material costs may need to be passed on to the consumer in the year ahead.
Customers have complained that Ikea’s prices rose sharply after Christmas, which a spokesperson for the retailer has confirmed.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
During December, registered users can access 24 free articles in our advent calendar - find it here or on the homepage.
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.