Ikea News

Stockholm - Swedish furniture giant Ikea reported on Tuesday sharply slower profit growth for the 2012-2013 fiscal year compared to performance in previous years but did not reveal the cause of the slowdown.Net profits increased by 3.1 percent to 3.

Will there be any extra chairs at your dinner table this Christmas Eve? IKEA wants to change that with their new "No Empty Chairs" campaign in Switzerland.

Hong Kong - Lufsig, an IKEA stuffed toy wolf, has become a best-seller and symbol of solidarity and protest after being thrown as a sign of dissent at Hong Kong's territorial leader Leung Chun-ying.

London - Without any real cat plan in mind, IKEA placed animal handling teams and five film crews in a London store overnight and set free 100 house cats and recorded their actions.

Alfafar - The popular Swedish retail company Ikea is about to open yet another store, this time in Alfafar in the Valencian community of Spain. They have 400 jobs on offer, but received applications from 20,000 people, crashing their server capacity.

Solar panels are now a standard option for new homes in some US markets. The panels are especially popular in California with two California towns actually mandating installations.

Swedish home furnishings giant Ikea announced this week it is developing housing designed for refugee camps modeled after its economical flat-packed products such as bookcases.

Ikea is hoping to either sell or give away the stash of stored horsemeat-tainted meatballs withdrawn from sale in February. The company's other option is to use the meatballs as biogas.

Just in case you thought the food drama at Ikea was over, now pork has been found in their moose lasagne and they have stopped selling the product.

The Swedish furniture giant Ikea was found to include a special something to its culinary offerings. First it was horse-meat meatballs, now it is chocolate almond cake with coliform bacteria commonly found in fecal matter.