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Despite a declining Web traffic, digital transactions accounted for more than 25% of Ikea's business in 2023. The world's largest furniture retailer maintained growth momentum to aim for a €50 billion mark in 2024.
Swedish furniture giant Ikea Group has published financials for the fiscal year 2023, ended August 31st. Sales reached €47.6 billion, up by 6.6% overall and by 7.3% at constant exchange rates. This is twice the growth forecast for 2022. The Group did not specify to mind Retail whether this momentum was due to volume growth or inflation. In total, Ikea stores attracted 860 million visitors last year (up by 38 million in one year). In the last 12 months, the Group opened 70 stores, with a majorit
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