File photo: A customer shops for furniture at an IKEA store. The brand's largest franchisee, Ingka Investments, is acquiring €720 million of forest land in Latvia and Estonia to secure sustainable raw ...

Swedish retailer Ikea, known for its low-cost business model, is raising prices due to a new round of tariffs impacting the furniture business. Tolga Öncü, retail manager at Ingka, which operates most ...

IKEA has been forced to hike prices on some big-ticket items as companies start to pass along President Trump’s tariffs after months of eating the added costs, according to a report. Over the past few ...