Furniture

U.S. imports face 10% tariffs under Trump; IKEA's U.S. supply chain remains largely import-dependent

Unlike traditional retailers, Wayfair doesn’t hold inventory, sparing it from pressures to clear stock.

Net loss was $73.0 million in the Q3 2024, compared to net income from continuing operations of $16.9 million in the same period last year, a decrease of $89.9 million.

Premier Forest will take on Bitus UK’s warehousing and distribution activities at the Baltic Distribution port-side facility based in Creeksea, Essex. Premier Forest has also taken on the Bitus UK sales office in Cirencester, where all members of staff have been retained.

The total sales reported by respondents for September amounted to $227.4 thousand.

Q3 2024 net income was $16 million, or $1.87 per diluted share, versus $24 million, or $2.71 per diluted share, in the prior year period.

Exports of wood furniture from China expanded 14%.

With this acquisition, Ingka Group becomes the sole owner of Ikano Bank

The overall manufacturing sector's capacity utilization rose by 1.0 percentage points.

Online orders grew by 9%.

Founded in 1976, Douglas Lumber is a family owned and operated local company that distributes products in the Northeast U.S.

The total sales reported by respondents for August amounted to $237.6 thousand. Custom sales accounted for $64.1 thousand, reflecting 1.2% year-on-year increase.

The collection aims to reposition IKEA as more than just a home furnishings retailer, presenting it as a lifestyle brand that truly connects with its audience.

Exports of wood furniture from Turkey decreased 6%.

Imports of wood furniture to Japan upped 3%.

Ingka operates 39 IKEA stores and 10 Livat meeting places across China.

Imports of wood veneer to India lost 12%.

Price for wood furniture exported from Italy expanded 21%.

Price for wood furniture exported from China downed 5%.