Russians pack Ikea after furniture retailer announces closures


Russian consumers rushed to native Ikea shops this week after the furniture retailer introduced it could briefly pause operations within the nation and neighboring Belarus following Russia’s invasion of Ukraine.

Photos confirmed lengthy strains forming on the chain’s Russia places as consumers stuffed carts with objects in what could possibly be their ultimate probability to buy on the retailer for a while. It’s unclear how lengthy the shops will stay closed.

The Swedish retailer stated the closures would impression all of its 17 retail places in Russia, however its connected buying facilities would stay open “to ensure that the many people in Russia have access to their daily needs and essentials such as food, groceries and pharmacies.”

“The war has had a huge human impact already. It is also resulting in serious disruptions to supply chain and trading conditions. For all of these reasons, the company groups have decided to temporarily pause IKEA operations in Russia,” Ikea said in a blog post explaining its resolution.

The company can be pausing all exports and imports within the nations, in addition to shuttering manufacturing websites. Ikea acknowledged the adjustments would have a “direct impact” on about 15,000 workers.

It’s unclear how lengthy the Ikea retailer closures will final in Russia and Belarus.
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Russians packed Ikea shops to stock up on provides forward of the closures.
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“The ambitions of the company groups are long term and we have secured employment and income stability for the immediate future and provide support to them and their families in the region,” the company added.

Ikea is one among numerous worldwide firms to restrict operations in Russia – or pause them fully – following the invasion. Some have cited operational difficulties of their choices, whereas others have outright condemned the Kremlin for the unprovoked assault.

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In the US, tech large Apple introduced it could pause all product gross sales in Russia following the invasion. And Alphabet-owned Google stated it could pause advert gross sales within the nation.

Ikea stated the short-term pause would impression 15,000 staff.
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Ikea stated the Russia-Ukraine struggle was already impacting its provide chain.
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The lack of main companies may enhance stress on Russian President Vladimir Putin and the broader Russian financial system – which additionally faces crippling financial sanctions from the US and different nations.