(FILES) The IKEA logo is displayed on shopping baskets during the opening of the IKEA Culver City small format home furnishings and furniture store in the Helms Design District in Los Angeles, California on April 29, 2026. The world's leading furniture retailer, Ikea, reported a lacklustre financial year for 2025-2026 but is counting on price cuts and more city centre stores to revive its business, its chief executive said on November 6, 2026 in an interview with AFP. (Photo by Patrick T. Fallon / AFP via Getty Images)