Ikea sales rise as global transformation takes hold
Ikea has reported an increase in total sales as the first year of its global transformation programme has taken hold.
The homewares giant reported total sales of ÂŁ2.1bn in the UK for the financial year ending August 31 2019, an 8% increase on the previous year figures.
The retailer said that its investment in digital had also âproven particularly successfulâ and reported a 27% increase in online sales with some 224 million visitations to its site during the year.
Ikea said it continued to âoutperform the market in home furnishingsâ as it increased its overall market share in the UK to 9%, a 0.6% increase.
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