Ikea massively hiked item prices in its Canadian stores this year

Oct 18 2022, 6:48 pm

Swedish furniture chain Ikea is under fire after a study revealed that it hiked some items’ prices by up to 80%.

According to a recent report from Retail Week, Ikea’s prices have seen a monumental rise due to surging transportation costs.

British news website Metro reported that an average rise of at least 22% was found across Ikea dining furniture, drawers, beds, sofas, and mattresses.

“We are not immune to the macro-economic developments that businesses, retailers and the public are currently facing, from the increased cost of materials and transportation to the war in Ukraine and inflation,” a spokesperson from Ikea told Metro.

Daily Hive reached out to Ikea Canada for comment.

“Higher costs have affected the global economy, and like many retailers, we have had to adjust our prices to mitigate the impact to our business,” their spokesperson told us. “Price increases vary across the range and from country to country. In Canada we continue to monitor the situation and aim to continue offering quality, sustainable home furnishings to our customers at an affordable price.”

We also looked PriceDropper.ca to check whether these inflated prices stood true for Ikea in Canada, and the results were pretty shocking.

Here are some of the items on Ikea Canada that have seen a major uptick in prices this year alone.

ÅMSOSEN gel memory foam mattress
Price increase: $100

ikea prices

Ikea Canada

This queen mattress went from $699 in June to $899 in September 2022.

BESTÅ storage combination with doors
Price increase: $150

ikea prices

Ikea Canada

This black-brown storage cabinet with doors went from $375 in January to $525 in May 2022.

BEKANT desk sit/stand
Price increase: $90

Ikea prices

Ikea Canada

This white 160×80 cm desk went from $499 in January to $589 in September.

FYRTUR black-out roller blind
Price increase: $72

ikea pricesIkea Canada

These smart wireless/battery-operated blinds went from $207 in May to $279 in June.

STRANDMON Armchair
Price increase: $80

Ikea prices

Ikea Canada

This armchair went from $299 in January to $379 in May.

BEKANT, Storage unit on casters
Price increase: $115

Ikea prices

Ikea Canada

According to Pricedropper.ca, this item went up from $199 in January to $289 in September. However, when we checked the current price of it on Ikea’s official website, it was even higher at $314.

BRIMNES bed frame with storage and headboard
Price increase: $110

Ikea prices

Ikea Canada

This queen-size bed frame went from $499 in May to $609 in September.

HEMNES TV storage combination
Price increase: $130

Ikea prices

Ikea Canada

This 245×197 cm TV storage combination went from in $549 in January to $679 in April.

POÄNG armchair
Price increase: $30

Ikea prices

Ikea Canada

This armchair went from $89 in January to $119 in May.

SONGESAND wardrobe
Price increase: $60

ikea prices

Ikea Canada

This wardrobe went from $299 in January to $359 in December this year. In December 2021, it cost only $249.

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