IKEA halves restaurant prices to side with customers amid cost-of-living pressures
MALMÖ, Sweden, June 25, 2025 /CNW/ -- Guided by the vision of creating a better everyday life for the many people, Ingka Group, the largest IKEA retailer, is stepping up efforts to support customers with low price while ensuring long-term growth. In many IKEA markets around the world*, the price of restaurant meals will be halved Monday through Friday, and children will eat for free.
With hundreds of millions of guests visiting IKEA restaurants every year, the company aims to inspire a better everyday life through food that is healthier, more sustainable, and affordable. As part of ongoing investments in the in-store experience, Ingka Group is introducing this price drop to help people stretch their budgets, nourish their families, and find a little more joy.
For example, in France, the price of lunch for a family of four, which includes two hot-meals with meatballs for adults and two meals for kids, will cost EUR 6.96 instead of EUR 19.9. In addition, all restaurant guests will receive a EUR 5 voucher to use in-store.
"Food has always been very important for IKEA, and we wanted to enable even more people to enjoy our restaurant offer while exploring our home furnishing range," says Tolga Öncü, Ingka Retail Manager (COO) at IKEA Retail (Ingka Group). "Securing the lowest possible price for our products is always our utmost goal, and this is even more important in today's times of economic uncertainties and cost-of-living pressures."
At the same time, IKEA is refreshing its food offer with new dishes inspired by Asian flavours, expanding affordable, healthy options for customers.
"We always look for ways to bring more variety to our food offer, especially with new plant-based options," says Lorena Lourido Gomez, Global Food Manager, IKEA Retail (Ingka Group). "We will soon launch our very first falafel, adding this popular food to our restaurants and, later, to our Swedish Food Markets. Good quality, low price, and making a positive difference for the planet – those ingredients remain a guiding star for our food business."
Heading toward the end of FY25, IKEA remains focused on helping customers make the most of their finances while delivering value through both food and home furnishing.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
10 hours ago
- Cision Canada
Markel International appoints Collin Sim as first Casualty Underwriter in Singapore
SINGAPORE, June 25, 2025 /CNW/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced the appointment of Collin Sim as Casualty Underwriter, marking the establishment of the company's first dedicated casualty underwriting position in Singapore. In her new role, Sim will be responsible for developing Markel's Casualty presence in Southeast Asia and the broader Asian market. She will focus on building and maintaining strategic relationships with brokers and clients while managing a portfolio of risks in accordance with Markel's underwriting principles. Her appointment supports the company's strategic expansion of casualty underwriting capabilities across the Asia Pacific region. Sim brings over two decades of casualty underwriting expertise across Asia to Markel. She most recently served as Assistant Vice President of General Casualty at Allied World, where she was responsible for managing general casualty direct and facultative business across Southeast Asian markets. Prior to that, she spent 17 years at Gen Re, where she played an instrumental role in developing casualty facultative books across multiple Asian markets, including Singapore, Malaysia, Brunei, and China. Wanshi Lin, Head of Singapore, said: "We are delighted to welcome Collin to Markel. Her extensive experience and deep understanding of the Asian casualty market will be invaluable as we continue to expand our presence in the region. This strategic appointment demonstrates our commitment to building strong underwriting capabilities and delivering exceptional service to our clients and partners across Asia Pacific." Christian Stobbs, Managing Director - Asia Pacific, commented: "Collin's appointment represents a significant milestone in our regional growth strategy. Her proven track record in developing profitable casualty portfolios and her deep relationships across the Asian insurance market make her the ideal candidate to establish and grow our casualty practice in Singapore." About Markel Insurance We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.
The Market Online
13 hours ago
- The Market Online
@ the Bell: TSX sinks as Canada promises defence spending increase
After scoring a record high in the previous session, Canada's main stock index lost ground on Wednesday thanks to compounded losses from multiple key sectors. Investors continue to assess the on again / off again ceasefire between Iran and Israel as Canada pledged to spend 5 per cent of its GDP on defence by 2035 in a pact with NATO leaders. American indices continue to hover near record levels as financial markets take a breather after two strong sessions, driven by optimism that the Israel-Iran conflict won't disrupt the global crude oil supply. Asian markets closed higher while Euro markets were down. The Canadian dollar traded for 72.86 cents US compared to 72.87 cents US on Tuesday. US crude futures traded $0.82 higher at US$65.19 a barrel, and the Brent contract rose $0.76 to US$67.90 a barrel. The price of gold was up US$14.32 to US$3,333.05. In world markets, the Nikkei was up 151.51 points to ¥38,942.07, the Hang Seng was up 297.60 points to HK$24,474.67, the FTSE was down 40.24 points to ₤8,718.75, and the DAX was down 143.25 points to €23,498.33. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
CTV News
15 hours ago
- CTV News
Ikea's offer of free kids' meals 5 days a week not coming to Canada
An Ikea store is seen in Dartmouth, N.S. on Wednesday, March 18, 2020. THE CANADIAN PRESS/Andrew Vaughan A promotion billed by Ikea as an effort to reduce customers' 'cost-of-living pressures' is not coming to Canada – at least not as initially billed. Ikea announced Wednesday it was offering half-price adult meals and free kids meals Monday through Friday in markets around the world. The news release listed Canada as among the 14 countries involved. Yet in an email Wednesday afternoon, a spokesperson for Ikea Canada told that a portion of the news release was 'incorrect for Canada.' Instead, only Canadian customers who are members of the store's reward program, known as Ikea Family Members, will be able to get 50 per cent off during the week, with the caveats that this deal applies to 'select main dishes' only and is 'while supplies last,' Ikea's Alicia Carroll said in an email. Kids' meals are free, but only on Wednesdays with the purchase of an adult meal. This promotion runs July 10 through August. Ikea and its parent company, Ingka, billed the discount as a way to 'help people stretch their budgets.' But a food distribution and policy expert said the public-relations strategy comes 'probably a year or two too late.' 'If you look at the G7 (countries) right now, their food inflation is under four per cent. Canada is at 3.4, which is slightly above average,' Dalhousie University's Sylvain Charlebois said in a phone interview with Wednesday from Brazil. 'I think the message would have resonated even more two years ago when people were actually hurting. Right now, people are just coping, and they're accepting that food prices are going to remain high, but they've actually adjusted, they've made adjustments to their budgets accordingly.' Charlebois said it was likely a move to recruit new customers and encourage more frequent visits for existing clientele. While customers might only need furniture once a year or every few years, they do need to eat, so a food-based promotion is a way to bring in shoppers who aren't currently looking for furniture. 'If you can use food as bait and get people in more often, and generate more traffic, that's powerful,' Charlebois said, adding that chances are that once a customer is in the store they'll buy something, even if just smaller impulse items.
