Worldcrunch
More than 300 companies have announced plans to close stores, reassign staff or stop selling products in Russia since the Feb. 24 invasion. These decisions fit in with a recent trend of companies listening to customers, though the geopolitical factors are a new twist.
? Сәлем!* Welcome to Friday, where the U.S. wins bid to extradite whistleblower Julian Assange, Nicaragua breaks off ties with Taiwan to align with China and Sweden takes issue with IKEA branding. In the wake of New Zealand’s plans to ban all future cigarette sales, we take a look at toughening smoking laws around the […]
SAN FRANCISCO — I can’t help but feel disappointed that TaskRabbit, the San Francisco-based startup and “sharing economy” pioneer, has agreed to become a unit of Ikea. Although the company has tried to cast the deal as an expansion opportunity, this outcome is a far cry from the lofty expectations of its early days. TaskRabbit’s fate illustrates Silicon Valley’s unbounded idealism when it comes to optimizing everything. The company was a catalyst for “collaborative consumption,” a movement in which everyone would share their homes, their vehicles and their time. In a seminal TED talk, Rachel Botsman declared that the currency […]
NICE — You can spot an IKEA store from a mile away: The classic blue-and-yellow box design of every outlet of the Swedish home goods giant is as much a part of its identity as the quirky names of its chairs and the meatballs at the snack bar. Get ready, though, because IKEA’s look is […]
CRUZ’S BIG WIN OVER TRUMP, SANDERS TOPS CLINTON The Republican party’s improbable presidential frontrunner Donald Trump suddenly looks vulnerable after a stinging double-digit loss to Texas Senator Ted Cruz in the Wisconsin primary. The New York Times reports that by early today Cruz had received 48% of the vote to 34% for Trump. Wisconsin also […]
LEIDEN — Over the years, several journalists have dug into the corporate structure of Swedish furniture giant IKEA and the business dealings of founder and CEO Ingmar Kamprad. But the probes have turned up little dirt. But now, the European Parliament’s Green Party group say they have managed to map out IKEA’s complex revenue scheme […]
“EXTERNAL FORCES” BLAMED FOR PLANE CRASH Photo: Grigoryev Maxim/TASS/ZUMA Russian airline Kogalymavia said that “external forces” were the only possible explanation for Saturday’s crash of an Airbus A321 in Egypt’s Sinai Peninsula that killed all 224 people on board, Sputnik News reports. The company confirmed that the aircraft had suffered damage before the accident but […]
Bono, Bowie, and the Rolling Stones, not to mention Apple, Google and Microsoft keep an address in the Netherlands, which doesn’t tax profits by foreigners. What do locals say?
ROTTERDAM – Governments are well aware of the danger, but consumers have no idea. One out of five freight containers arriving in European ports has been fumigated with extremely dangerous, carcinogenic or neurotoxic gases. It is a vast phenomenon: one million containers filled with imported goods arrive in Europe by ship every week. These toxic […]
Worldcrunch Maybe it was inevitable that Europe’s worst false-advertising scandal in memory would wind up hoofing through the front door of the Old Continent’s best-marketed, most clean-scrubbed, low-cost brand of home furnishings and other you-can-count-on-us modern life supplies. Yes, that’s right: horsemeat in IKEA’s scrumptiously affordable Swedish meatballs. Outrage is bound to follow, but those […]
SWEDEN – Sagas are epic tales full of symbolic details, and the IKEA saga is no exception. The story of the Swedish furniture giant, founded in 1943 by Ingvar Kamprad, who is now 86 years old, definitely qualifies as a saga. It combines successes, setbacks and the carefully maintained mythology around the patriarch, who even […]
METRO (Sweden), SPIEGEL ONLINE (Germany) STOCKHOLM – Need more space in the room? IKEA may have found a new solution. Sweden’s free newspaper Metro noticed that women had been airbrushed out of the Saudi edition of the Swedish home furnishings store’s 2013 catalogue. Sweden’s Minister for Trade Ewa Björling told Metro: “You cannot erase women […]