Ikea’s UK sales reach £1.4bn after strong online growth November 3, 2014 Strong growth in online sales and in the children’s department have pushed Ikea’s UK sales up 11.3 per cent to £1.4bn in the last 12 months, the Scandinavian home shop announced this weekend. Web sales expanded by 26.8 per cent on the year and now make up 10 per cent of the UK arm’s sales. [...]
Watch: Is the Ikea Bookbook the launch which could leave Apple in the shade? September 5, 2014 Ikea claims to have launched the next big thing, and we think it could take some of the polish off Apple's iPhone 6 launch next week. The Bookbook is wireless, has an eternal battery life and can double its interface from its regular 7.5 by 8-inch size to 15 inches, notes chief design guru [...]
Ikea probing allegations payments it made helped fund brutal Romanian secret police July 5, 2014 Swedish furniture giant Ikea is investigating claims that payments it made in the 1980s were used to fund Romania's savage communist-era secret police. Declassified documents from the National College for Studying the Securitate Archives (CNSAS) in Bucharest obtained by the Guardian reportedly show that the retailer paid over the odds for products made in Romania, [...]
Ikea sees record profit and grabs market share January 28, 2014 SWEDISH furniture giant Ikea said rising consumer spending in many of its key markets had helped it achieve record profits last year and increase its market share. The world’s largest furniture chain said profits rose by 3.1 per cent to €3.3bn (£2.7bn) in the year to 31 August 2013, driven by strong growth in China [...]
Ikea sales lifted by Russia and China demand October 14, 2013 IKEA, the world’s largest furniture retailer, said yesterday it had gained market share in nearly all markets last year as it posted a 3.1 per cent rise in full-year sales. The Swedish chain, which is viewed as a bellwether for global consumer demand because of its size, posted sales of €27.9bn (£23.7bn) in the 12 [...]