News
IKEA closing 7 stores from today as market slumps
1+ day, 13+ hour ago (353+ words) IKEA said it will provide comprehensive support to all staff impacted by the closures during the transition. Founded in Sweden in 1943, IKEA started its first sourcing activity in the China market in the 1960s, and opened its first store in the…...
Bob’s Discount Furniture Announces Launch of Initial Public Offering
1+ week, 1+ day ago (525+ words) MANCHESTER, Conn., January 26, 2026--Bob's Discount Furniture, Inc. ("Bob's" or "Bob's Discount Furniture") today announced the launch of its proposed initial public offering. Bob's Discount Furniture has filed a registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC…...
IKEA restructures business in China, planning to shut down 7 malls, but launch over 10 small stores
3+ week, 6+ day ago (36+ words) IKEA restructures business in China, planning to shut down 7 malls, but launch over 10 small stores'Global Times Tu Lei co-leads the Global Times biz desk. She also covers topics on civil aviation and logistics....