IKEA UK sales top £2.2 billion


IKEA UK sales top £2.2 billion

IKEA UK’s sales were up by 13 per cent for the year to August 31st ’22, reaching over £2.2bn. The re-opening of stores post-lockdown made a significant contribution to the result as did the retailer’s price increases introduced as a result of rising costs in its global supply chain. The business had also opened its first high street store in Hammersmith, West London.

Peter Jekelby, UK head, said: “We saw consumers returning to our stores while online sales remained strong with high demand for a convenient shopping experience. To meet these needs, we opened our first small store on the high street, created new ways to meet customers remotely and in-store, and launched new ways to deliver orders. With a variety of stores, service offers and digital solutions that complement each order, our aim is to be there for our customers, however, they want to meet us.”

Share

Twitter Facebook LinkedIn WhatsApp

Related News


Tesco takes Paperchase IP

Sign up to receive our newsletter