Ikea considers bamboo and new materials to keep prices low

Furniture retailer exploring ways to avoid passing rising costs to customers after sterling’s fall over Brexit voteIkea UK is considering using different materials including bamboo in its furniture to keep prices down after Britain’s vote to leave the European Union.Gillian Drakeford, the UK manager of Ikea, said the furniture retailer is exploring the use of new materials as shops face up to the slump in the value of sterling since the referendum in June. Continue reading...