IKEA to shut Norwegian in-town service and pick-up points amid cost cuts

OSLO (Reuters) - Furniture retailer IKEA will shut three city centre service and pick-up points in Norway as part of a drive to cut costs amid declining profits, the company said in a statement on Wednesday.The facilities in Oslo, Aalesund and Tromsoe were opened in 2015 and 2016 in a global pilot programme to test customers' appetite for alternatives to IKEA's large out-of-town stores.IKEA now plans to cut costs in Norway by some 10 percent to help boost profits, although employees at the three..