Article 5WQDD Ikea closes all stores and factories in Russia amid exodus of western firms

Ikea closes all stores and factories in Russia amid exodus of western firms

by
Jane Clinton and Sarah Butler
from on (#5WQDD)

Top brands from M&S to Apple, Jaguar Land Rover, Expedia and Coca-Cola are suspending operations

Ikea has temporarily closed all stores and factories across Russia in a move affecting 15,000 workers, becoming the latest in a swathe of western firms to halt operations in the country since it invaded Ukraine.

The Swedish flatpack furniture company has mothballed its 17 outlets across Russia but said it would keep its Mega shopping centres open to allow access to essential retailers, such as food shops and pharmacies.

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