Ikea boss bets on store resurgence despite full-year sales dip

Jesper Brodin Ikea

Source: Ikea

Ikea has reported a decline in full-year sales but group boss Jesper Brodin hailed the home and DIY retailer’s resilience and adaptability during the pandemic.

Ikea reported a 4% decline in sale to €35.2bn (£32bn) in the year to the end of August, driven by enforced store closures across 75% of the group’s global store estate at various times due to coronavirus regulations.

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