IKEA

Multinational profit shifting: Ikea, Apple, BHP, Amazon and Disney

AFR interactive artist Les Hewitt, my frequent partner-in-crime, and I have done some work with our award-winning investigative journalist Neil Chenoweth on a series of stories about profit shifting by multinational corporations. The interactives in the stories are designed to complement Neil’s forensic examination of each firm’s accounts. A lot of…

The IKEA ‘honey pot’ effect

IKEA stores have a “honey pot” effect on surrounding retailers, driving up sales with the furniture chain’s ability to draw large crowds of shoppers from long distances, a retail analyst says. Deutsche Bank’s Alexi Baker-McLennan says retailers which benefit most are those with complementary home-focused offerings like appliances, storage, Manchester…