Flatpack furniture specialist Ikea has confirmed it has increased the average price of products in its UK stores by 10 percent due to rising supply chain costs. The retailer said it has been forced to increase prices in the UK by more than the global 9% average due to “local market conditions”, including increased HGV and logistics costs. However, analysis by the Daily Mail has found that some beds, wardrobes and desks have spiked in price by as much as 50 percent. A Malm chest of drawers has gone up from £99 in mid-December to £150 toda—a jump of 52 percen—a Hemnes daybed frame has increased from £215 to £279, and a Klippan two-seater sofa has risen from £199 to £229—15 percent more. The issue was first raised by customers online, who noticed the sharp increases after Christmas, with some questioning why prices had not fallen as part of Boxing Day …
Ikea Confirms 10 Percent Price Hike in UK Due to Supply Chain Costs
December 30, 2021
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