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 yearâs figures.
The retailer said its investment in digital had also âproven particularly successfulâ and reported a 27% increase in online sales with some 224 million visits 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.
The homewares retailer said that the time period marked the first year of its global transformation, which aims to âcreate a new Ikea by 2021 that is affordable, convenient and truly people and planet positiveâ.
Country retail manager for the UK and Ireland Peter Jelkeby said: âDespite a challenging retail environment, Ikea has seen another year of strong sales growth as we continue the transformation of our business.
âWe know that peopleâs shopping habits and expectations are changing, so continued investments in our shopping experience, our people and in adapting our operations to ensure we become a fully circular business by 2030 will be vital to secure the success of our business in the future.â
Ikea also flagged what it called a âstandout yearâ for sustainability, in which it opened its first sustainable store in Greenwich, and two new store formats in London.
It also eliminated single-use plastic straws from its restaurants and bistros and said 98% of packaging is now ârenewable, recyclable or recycledâ, with the aim to make that 100% by 2020.


















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