IKEA Thailand Launches Price Cuts Amid Economic Challenges

IKEA cuts prices and expands services in Thailand

Swedish furniture retailer IKEA is lowering prices in Thailand and expanding into new business services after a year of sluggish sales. Leonie Hoskin, retail manager of IKEA Thailand and Vietnam, … The post IKEA cuts prices and expands services in Thailand appeared first on Scandasia.

IKEA Thailand Launches Price Cuts Amid Economic Challenges

IKEA Bangna | Photo via DMS Wiki/Commons IKEA Thailand is tackling economic challenges by reducing prices and unveiling its IKEA for Business programme. This initiative aims to cater to the increasing demand from hotels, offices, property developers, and SMEs. Despite economic and political hurdles, the company achieved only a 1% increase in total sales for fiscal 2025 but has set a goal of 6% growth for fiscal 2026 through enhanced investme…