Ikea considers new factories in the US as movement of goods becomes costly and complex

News Snapshot:

The exterior of an Ikea store in Maryland, United States. The Swedish retailer wants to boost production across the US and the Americas. Ikea wants to boost production across the US and the Americas, as it responds to escalating shipping disruption and a “permanent shift” away from seamless global trade. Susanne Waidzunas, global supply manager at Inter Ikea, said the company that oversees the Swedish retail brand’s international strategy was considering the move as it also battles with the fallout from the Houthi militant group’s attacks on ships in the Red Sea. “One of the markets where we have less...