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Ikea posts fall in annual sales after lowering prices
Ikea posts fall in annual sales after lowering prices
Economy
by  AFP

Ikea reported Thursday that its annual sales fell in value after the world's biggest furniture retailer lowered prices to revive traffic at its online and brick-and-mortar stores. Ikea said physical store visits increased by 4.5 percent following the price drops while online traffic jumped by 21 percent.