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IKEA Canada cuts restaurant prices in half to help with the rising cost of living

IKEA Canada cuts restaurant prices in half to help with the rising cost of living

Calgary Herald4 days ago
Canadians craving those famous Swedish meatballs from Inter IKEA Systems BV are in for a pleasant surprise as the retailer is slashing food prices to help with the rising cost of living.
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IKEA announced on Tuesday it's cutting its restaurant prices in half for adults and children eat free from Monday to Friday.
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The move is meant 'to help people stretch their budgets, nourish their families, and find a little more joy,' the retailer said.
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'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,' Tolga Öncü, Ingka retail manager at IKEA Retail, said in a news release.
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The company says a family of four in France will now pay 6.96 euros ($11.12 CAD) for a meal and a 5 euro store voucher, compared to the previous price of 19.9 euros ($31.63 CAD).
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Food inflation has been a persistent issue in Canada, having climbed a whopping 31 per cent since 2019, according to NerdWallet Canada.
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