Your father’s diet before you were born could have affected your health, a new study suggests
Your father's diet before you were born could have played a role in your health, a new study has found.
Swedish home furnishings giant Ikea said Thursday that despite "unprecedented challenges" caused by the war in Ukraine, supply chain disruptions, increased inflation and lingering fallout from the COVID-19 pandemic, 2022 had been an "exceptional year."
The world's biggest furniture brand reported retail sales of 39.5 billion euros (US$38 billion) this financial year, which ran from Sept. 1, 2021, to Aug. 31. That was a 5.6% increase from the previous year's sales of 37.4 billion euros.
However, inflation and supply chain issues led to rising costs and higher prices, meaning sales quantities were down though they cost more and there were struggles to keep shelves full. Online sales were down 10% from fiscal 2021.
Plus, Ikea's exit from Russia and Moscow's ally Belarus because of the war in Ukraine has meant letting go some 10,000 of its 15,000 workers in both countries.
"We lived up to the challenge -- achieving solid performance in a disrupted environment, making tough decisions, while always keeping sight of the needs and dreams of the many," said Jesper Brodin, chief executive of the holding company Ingka Group that manages most of IKEA's stores.
He said "uncertainties will continue be part of our lives in the coming years."
Anna Hallqvist Gedda, chief financial officer of Ikea Sweden, told Swedish news agency TT that "the fact that more people are chasing lower prices in expensive times seems to have benefited Ikea."
In March, the maker of flat-pack home products halted its retail operations in Russia after the invasion of Ukraine. It then said it suspended operations at its 17 Russian stores and paused exports and imports there. It also paused operations in Belarus.
Ingka said about 10,000 employees in Russia and Belarus will have left by the end of October.
"Affected co-workers entered a mutual agreement process and were offered a compensation package that significantly exceeded the standard," the company said in a statement.
It previously said it guaranteed six months of pay and core benefits.
This summer, Ikea was selling the remainder of its Russian inventory online as it moved forward with leaving the country.
Your father's diet before you were born could have played a role in your health, a new study has found.
210,000 pounds of food was delivered to the Ottawa Food Bank on Saturday, the largest donation in its 40-year history.
Federal NDP Leader Jagmeet Singh says he is 'even more alarmed than before' after reading the un-redacted report alleging there are MPs and senators who are participating to some degree in foreign interference efforts.
Joe Alwyn is speaking publicly for the first time about the end of his years-long relationship with Taylor Swift.
Some of Hollywood's brightest stars headlined a fundraiser for U.S. President Joe Biden that took in a record US$30 million-plus for a Democratic candidate, according to his campaign, in hopes of energizing would-be supporters for a White House contest they said may rank among the most consequential in U.S. history.
Prince William on Sunday shared a photograph showing him as a child with his father, King Charles III, to mark Father’s Day in the United Kingdom this year.
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The thunderstorm that hit Ottawa Thursday evening was accompanied by heavy rain and lightning that struck a house in Orléans.
Canadian and U.S. ironworkers shook hands across the border as the Gordie Howe bridge deck officially becomes an international crossing.
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For Father's Day, CP24.com and CTVNewsToronto.ca reached out to local politicians, community advocates, and other prominent figures in the city to ask them to share what important lesson they have learned from their dads.
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If certain goals that are in the Paris Climate Accord aren't met, the existence of polar bears in the Hudson Bay may come to an end.
In an attempt to invite one of the most popular recording artists in the world to the land of living skies – the City of Swift Current has offered to rename itself in honour of Taylor Swift.
More than a dozen dogs arrived by Cargojet early Thursday morning to the People for Animal Wellbeing Shelter to find a permanent place to call home in New Brunswick.