Ikea is shutting down its only furniture factory in the United States. The Swedish company will end production this December at its plant in Danville, Virginia. Operations will move to Europe ...

Ikea aims to test the rental model in 30 markets next year, after making 39 billion euros ($44 billion) last year from its classic build-it-yourself model. Ikea is clearly seeking to leverage ...

In response, the factory — part of Ikea’s manufacturing subsidiary, Swedwood — hired the law firm Jackson Lewis, which has made its reputation keeping unions out of companies.

IKEA plans to close its only U.S. factory site and shift operations to Europe. The Swedish furniture company’s Danville, Virginia, manufacturing facility will close in December, cutting about ...

Ikea had received about $3.8 million in state and local incentives, and leased the factory's 94-acre site for $1 a year, with the right to buy the land for $1. It made the $1 purchase earlier this ...

Swedish furniture giant IKEA said on Monday it had sold its factory in the Russian city of Novgorod to local firm Invest Plus, more than a year after pausing its activities in Russia over the ...

A Lithuanian maker of IKEA furniture is looking to build its next factory here in the Triad. SBA Home plans to build a more than $70 million production facility in Mocksville.

Furniture company IKEA is closing its only manufacturing site in the U.S., shifting the operations to Europe where it says production costs are lower. The company’s Danville, Va., facility will ...

Swedish furniture giant IKEA does not have an option to buy back its largest factory in Russia, the new owner said on Tuesday, closing a possible route back to the country should it wish to return ...

A Lithuanian maker of IKEA furniture is looking to build its next factory here in the Triad. SBA Home plans to build a more than $70 million production facility in Mocksville.

Ikea is shutting down its only furniture factory in the United States. The Swedish company will end production this December at its plant in Danville, Virginia. Operations will move to Europe ...