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Despite significant inflation, Ikea plans to lower prices.

According to its retail manager, Ingka Group, which owns the majority of IKEA furniture stores, is planning additional price reductions as some input costs decline. This is a change from price increases implemented last year to combat skyrocketing inflation. At the end of August, the

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Consumer purchases on Cyber Monday totaled $11 billion, a record.

According to data from Adobe Analytics, discount-hunting consumers purchased Pokemon cards, TVs, and air fryers on Cyber Monday, driving sales to $11.3 billion and making it the biggest US online shopping day in history. According to data from Adobe Analytics, which gauges e-commerce performance by

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Disney fires Bob Chapek and reinstates Bob Iger as its CEO.

Following a difficult year in the role, Disney has unexpectedly reinstated popular predecessor Bob Iger and fired CEO Bob Chapek. The business announced Sunday night that Chapek had resigned and that Iger, who will leave Disney at the end of 2021, will take over as

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Is a meat recession on the way?

Concerns about a “meat recession” are growing as the holidays approach. As the cattle herd continues to shrink, online meat delivery company Good Ranchers warned consumers on social media that “a meat recession is knocking and supply is about to be tight.” “Due to droughts,

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