Ikea has revealed that sales jumped over the past year due to customers returning to its shops and price increases. The Swedish furniture retailer revealed that total sales grew by 13% to £2.2 billion over the year to August 31, compared with the same period last year.
Peter Jelkeby, country retail manager and chief sustainability officer for Ikea UK, said the figures highlighted the company’s “financial stability and resilience”.
Ikea said it continued to see a “strong appetite from customers to invest in their life at home” despite the rising cost of living. It highlighted particular growth for kitchen and dining equipment, textiles and storage products.
