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Tag: 200m

Ikea steps up drive to become carbon neutral with extra €200m | Business

Ikea’s parent company is to invest an additional €200m (£171m) in green energy and forest planting as part of a plan by the world’s largest furniture retailer to become carbon neutral by 2030. The investment is being made by Inter Ikea Group, the owner of the Ikea brand which is operated by a string of …

Ikea steps up drive to become carbon neutral with extra €200m | BusinessRead More

Sainsbury’s profits dive more than 90% as store closures cost £200m | Business

The £200m cost of closing 15 supermarkets and dozens of Argos stores has all but wiped out profits at Sainsbury’s as the supermarket faces rising competition from discount rivals. The UK’s second largest grocer said pretax profits dived more than 90% to £9m in the six months to 21 September after the one-off property write-down, …

Sainsbury’s profits dive more than 90% as store closures cost £200m | BusinessRead More