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Ikea Slashes Prices For Hundreds Of Products: 'Just Shocking'

GMA

Wednesday, March 13, 2024

Ikea tells ABC News it is reducing prices for customers globally, "...With plans to continue lowering prices on hundreds more products in the coming months."

Ikea announced Wednesday that it will start marking down hundreds of products in stores globally.

Ikea is luring shoppers who are frustrated with stubborn inflation. The company is slashing prices on hundreds of products and promising it's just the start.

Customers like Taylor Byrne are documenting big discounts on home goods from the Swedish furniture giant.

This file photo shows an Ikea store.

Shutterstock

"They've already had low prices for as long as I can remember," Byrne said. "I have went in recently and noticed even lower prices was just shocking."

Ikea tells ABC News it is reducing prices for customers globally, with plans to continue lowering prices on hundreds more products in the coming months.

Ikea says it is part of an effort to roll back price hikes introduced in the wake of the pandemic when inventory was low and raw-material costs were surging.

Now, with shelves stocked again, the company hopes to appeal to shoppers whose budgets are under strain.

"They're realizing that their customer is price sensitive," said Hitha Herzog, chief research officer at H Squared Research. "Having less expensive furniture will keep them coming back over and over again."

Free Easter Activities At IKEA As Stores Also Boost Discounts

IKEA is to host free Easter-themed activities until Sunday, April 14. In Sweden, children celebrate the start of 'påsk' (Easter) by painting eggs with patterns and displaying them in their homes, so select IKEA stores are offering the chance to create seasonal ornaments this Easter.

Those looking to put their detective skills to the test can take part in the scavenger hunt, with children – young and old – being challenged to discover the secret location of colourful easter eggs hidden around store. Find all the eggs to crack the secret code and win a prize.

Other fun activities for all the family that are taking place at IKEA during the Easter holidays include:

Easter Wreath Making: A bookable workshop for all ages, giving visitors the chance to come together and hand-make their own Easter wreath to brighten up their front doors.

Decorate an Easter jar: Book a spot in this session to decorate your own Easter inspired jar, to take home and fill with all your Easter goodies.

Easter Egg Decorating: A bookable session where children can express their creativity by decorating their own Easter eggs with colourful paint and pens.

Easter Breakfast: Hop along to IKEA's customer restaurant to celebrate Easter and meet a special guest, the Easter Bunny! Kids can get involved with some crafty Easter activities whilst enjoying a delicious breakfast dish for just £1.50.

Easter Wreath Making: Bookable slots on a 'blooming marvellous' workshop, allowing shoppers to bring sunshine to their door with a beautiful handmade Easter wreath.

IKEA Family members will receive an additional 25% when selling products back to IKEA via the Buyback & Resell now until 30 April.

IKEA Family Members can also make the most of the Swe-Dish Fridays offer, with 50% off some of IKEA's dishes – including the Meatballs meal for £2.45, and Fish & Chips for £3.45. Plus Children's Pasta and Tomato Sauce is available for 45p.

Visit IKEA's events page for information on how to book.

15 IKEA Living Room Ideas That Go Beyond The Showroom

When it comes to designing on a budget, IKEA is a go-to. Whether you're furnishing your first apartment or your dream home, IKEA furniture offers many attractive benefits. It's affordable, DIY-friendly, customizable, and favorites like the Billy bookcase or Besta storage system can look surprisingly high-end with some quick and easy hacks. IKEA furniture is also great for small spaces and fairly simple to assemble.

Looking for inspiration or ready to upgrade the IKEA pieces already in your collection? Check out these 15 IKEA living room ideas.

Craft a Custom Library

The Billy bookcase, an easily modifiable bookcase and a designer-favorite, shines in this library. Line up the bookcases, add detailing, brass sconces, and sculptural decor for a luxury design at a fraction of the price of custom millwork.

Build a Sleek Media Cabinet

The Besta storage system is known for its versatility. Here, designer Velinda Hellen used the IKEA classic with slab fronts for a sleek family-friendly media cabinet to stow living room extras, books, and toys.

Design a Geometric Option

Jessica from House Homemade opted for an IKEA Tarva unit, a budget-friendly storage option made from unfinished pine, to DIY the piece of her dreams. The geometric details and off-white color is chic and modern.

Include Airy Storage Anywhere

Living room storage is simplified with an IKEA Besta unit.

"It's great to hide children's toys or crafts, house seasonal decor, or it can even act as a TV console," says Austin-based designer Laura Williams. "The best part, there is an array of decorative doors to choose from for the cabinet fronts."

Change Out the Legs for a Luxe Look

Another IKEA Besta hack? Swap out the legs for a one-of-a-kind design. This media cabinet from designer Albie Buabeng features black Shaker-style doors, a wood-like wrap, and acrylic legs for a design that looks much more luxe than it is.

Hand-Paint for Colorful Storage

Another favorite IKEA storage console is the Ivar system Here, three units come together for a colorful hand-painted piece from The Wall Whisper. Hang unique art, plants, or a mirror above for a vignette.

Paint It Black

Another Ivar hack? Pair two, paint them black, and top with plywood for a winning and easy combo. Now DIYed, these cabinets match with the modern, neutral look of this living room.

Add Leather Pulls

Modify your IKEA Ivar cabinets with something more stylish. This four-door storage system looks refreshed thanks to purple paint an leather pulls.

Consider Fluting

When it comes to putting your own spin on an IKEA piece, designers and homeowners alike sure love to update the Billy bookcase. Ready to test out a weekend project? Try adding fluted doors for texture and a customized look.

Button Up Your Couch

Tufting is a unique way to update any IKEA couch. Easily stitch and add buttons to get the vintage-inspired couch of your dreams on a budget.

DIY a Crafty Greenhouse

A bold blue IKEA Fabrikor unit, a durable glass cabinet, is the ideal spot for crafting an indoor greenhouse. Foam and moss is used for the cabinet base, while a grow light helps the plant life inside florish.

Elevate Your Storage

DIY blogger Alyssa Depew went for an IKEA Kallax unit for living storage. Wooden legs from Amazon take it from a regular shelving unit to a sophisticated bookcase to organize and display books, pictures, toys, and more.

Paint for Cohesion

These Billy bookcases come alive with a coat of blue-green paint. Make sure to paint behind the bookcases for a cohesive living space. Another tip to make sure it looks put together? Pick one type of item to display.

Frame Your Space

A custom library on a budget can easily be accomplished with the Billy bookcase. This space from A Beautiful Mess includes seven bookcases lined to frame both the window and width of the room, satin sage green paint, and plywood.

Implement Colorblocking

This IKEA hack is too good to pass up. Purchase some Billy bookcases and DIY a top and bottom for them. This quick project can easily be done in one day. For a more dramatic look, implement color blocking in your space by painting your bookcases a contrasting color from your walls.

Read the original article on The Spruce.

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