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Ikea broke a world record for the largest two-piece pajama party with 2,052 employees in Älmhult, Sweden, showing up in limited-edition Swedish meatball sets to celebrate a new sleep initiative.

While Germany boasts the highest number of IKEA stores globally, and the newest location recently opened on London’s Oxford Street, the title of the world’s largest IKEA belongs to a different ...

Ingka Group, the largest IKEA franchisee, reported net profit of 800 million euros ($841.28 million) for the financial year ending Aug. 31, down from 1.5 billion euros the year before.

Aug. 29 (UPI) --Furniture company Ikea gathered 2,052 employees at its first store in Sweden to hold the world's largest pajama party. The chain broke the Guinness World Record for the largest ...

The world's biggest retailer of IKEA furniture on Wednesday reported a big drop in annual net profit after cutting prices in an attempt to coax more cost-conscious shoppers into its big blue stores.