ad

From Kivik sofa to Kallax shelf: Ikea cuts prices on bestsellers and introduces new small stores

From Kivik sofa to Kallax shelf: Ikea cuts prices on bestsellers and introduces new small stores

Ikea is investing 40 million euros in the Netherlands to lower prices on popular products and improve accessibility. The retailer is also launching smaller, supermarket-sized stores to better reach consumers during a period of reduced household spending.

Related articles

Budget deficit in first half of year largest since 2021 pandemic year

Budget deficit in first half of year largest since 2021 pandemic year

The Dutch government recorded a budget deficit of 8 billion euros during the first half of 2024, the highest level observed since 2021. Despite this deficit, the country's national debt ratio has decreased compared to previous periods.

Shortening unemployment benefits has little effect on employment growth

Shortening unemployment benefits has little effect on employment growth

A study by the Centraal Planbureau commissioned by the Ministry of Social Affairs and Employment concludes that shortening the maximum duration of unemployment benefits has a negligible impact on employment growth. The findings suggest that such policy changes do not effectively stimulate the labor market as intended.

CPB: Shortening unemployment benefit duration creates 8,000 extra jobs, effect is limited

CPB: Shortening unemployment benefit duration creates 8,000 extra jobs, effect is limited

The Netherlands Bureau for Economic Policy Analysis (CPB) reports that shortening the duration of unemployment benefits will lead to approximately 8,000 additional jobs. The agency characterizes this overall impact on national employment as limited.

SER wants better guidance for Ukrainians into jobs matching their qualifications: 'We are missing opportunities'

SER wants better guidance for Ukrainians into jobs matching their qualifications: 'We are missing opportunities'

The Social and Economic Council (SER) of the Netherlands is calling for better guidance to help Ukrainian refugees secure employment that matches their professional qualifications. Currently, while nearly 62 percent of the 134,000 Ukrainians in the country are employed, many are working in roles below their skill levels.

Canadian company abandons bid to acquire Arcadis and withdraws offer

Canadian company abandons bid to acquire Arcadis and withdraws offer

Canadian firm WSP Global has officially withdrawn its acquisition bid for the Dutch engineering and consultancy firm Arcadis. This decision follows two previous rejections of takeover offers by Arcadis.