Subscribe to our digital newsletter for your daily digest of essential news, views and analysis from the international wood industry delivered directly to your inbox.

October 20, 2022

IKEA’s FY sales jump as it starts to lower prices

Ikea’s global sales increased 5.6% to €39.5 billion in its 2022 financial year and the UK was one of its top growth markets, as shoppers gravitated towards money-saving products.  Tolga Öncü, retail operations manager at Ingka Group, which operates Ikea, told Retail Gazette that shoppers have been snapping up products that help them reduce their energy consumption amid soaring electricity and gas costs.  He said: “With the circumstances the world is in, shoppers are looking for solutions that can reduce their energy consumption, water consumption, and food waste.  “Our customers ...

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

Checkout Options
All this for only 248 EURO/year!
Create Profile
password strength indicator
Additional Info




Billing Method
Billing Address
Checkout Now

Newsletter

Subscribe to our digital newsletter for your daily digest of essential news, views and analysis from the international wood industry delivered directly to your inbox.