IKEA, a well-known home furnishing retailer, has seen significant growth this year. During the past year and in overall terms, the retailer’s sales have increased 6.3% with retail sales reaching 37.4 billion euros ($43.4 billion). IKEA’s eCommerce share of sales has also increased from 18% to 30%, partly due to measures such as transforming its stores into point-of-sale fulfillment points, revamping its website, and continuing its rollout of the Ikea app.
Ikea
IKEA, a well-known home furnishing retailer, has seen significant growth this year. During the past year and in overall terms, the retailer’s sales have increased 6.3% with retail sales reaching 37.4 billion euros ($43.4 billion). IKEA’s eCommerce share of sales has also increased from 18% to 30%, partly due to measures such as transforming its stores into point-of-sale fulfillment points, revamping its website, and continuing its rollout of the Ikea app.