Ikea says it's going to cut prices this year, and the company's comments on deflation should be setting competitors on edge

None Ikea's CEO told Reuters it will stick to planned price cuts even amid the Red Sea shipping crisis. • None Houthi attacks on commercial ships in the Red Sea are disrupting global shipping. • None But Ikea CEO Jesper Brodin said prices are coming down in its supply chain as well. Companies…

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