Apr 9: Ikea feels economic downturn in US, UK and Germany

Apr 9: On the opening day of the World Retail Congress in Barcelona, Anders Dahlvig, Ikea chief executive, remains optimistic despite weaker sales at the Swedish retail giant. He tells Tom Braithwaite, FT retail correspondent, that the economic downturn in the US, UK, Germany and Spain presents an opportunity to reduce prices, and focus on efficiency and stores expansion.