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I suspect you could be right about executive profits, but do you have any specific indication that this is what ails IKEA?
by orhmeh09 5y ago
I suspect you could be right about executive profits, but do you have any specific indication that this is what ails IKEA?
- hogFeast 5y agoNope, the comment about Ikea is unrelated. Ikea is privately-owned, and my guess is that they just don't want to do online...some privately-owned companies are like that. The point about exec comp is what I have seen at other publicly-listed physical retailers (i.e. dead format, competitors eating their lunch but they keep opening stores because the comp committee wants EPS growth).