The world's biggest furniture brand has also paused sourcing materials from Russia and Belarus. It made the announcement hours before M&S confirmed it had halted shipments of goods to its Russian business run by franchisees based in Turkey.
Inter IKEA and store owner Ingka Group said in a joint statement: "The war has both a huge human impact and is resulting in serious disruptions to supply chain and trading conditions, which is why the company groups have decided to temporarily pause IKEA operations in Russia."
Inter Ikea is in charge of supply, while most Ikea stores are owned by Ingka Group, including its 17 stores in Russia. In the year through to August 2021, Russia was Ikea's 10th biggest market in retail sales, making up 4% - or €1.8bn (£1.5bn) worth - of its trade. While there are no Ikea stores in Belarus, it is used to source materials.
