IKEA says it will drop prices at Ontario stores

IKEA says it will drop the price on over 1,000 in-store items.

Prices will be reduced on items such as chairs, bookcases, lighting, cookware and textiles.

The company notes that its latest research shows that 45 per cent of Canadians say their household finances and disposable income are a top concern, while 37 per cent are concerned about the state of the economy in the country.

IKEA says that even though there is a need to adjust prices to reflect the increased costs, it is committed to lowering prices where possible to keep customers shopping in their stores.

“Many are facing an affordability crisis and are struggling with fundamental costs such as housing, fuel, health, and food,” said Selwyn Crittendon, CEO and Chief Sustainability Officer at IKEA Canada. “We remain committed to maintaining our commitment to affordability and value for money that’s so important right now.”

Crittendon went on to say that IKEA products and home furnishing solutions have been helping Canadians furnish their homes for 47 years.

Shoppers can already begin to see price reductions on some of their favourite IKEA products including:

• BILLY Bookcase with glass doors $199.00, Previous price: $249.00.
• STRANDMON Armchair $349.00, Previous price $399.00.
• VITTSJÖ Laptop stand, $29.99, Previous price: $59.99.
• RANARP Work lamp $39.99, Previous price $49.99.

IKEA has a store at 1065 Plains Rd. E. in Burlington.