IKEA sees 40% share of e-sales, invests in sustainability

(ČIA) Online sales accounted for almost 40% of IKEA Czech Republic’s revenues in the 2021 financial year, said IKEA Czech Republic, Hungary and Slovakia CEO David McCabe, adding that stores in the Czech Republic had to be closed for six months during the pandemic due to the lockdown. As a result, sales will be down 7% to 8% y/y. IKEA Czech Republic will publish its audited financial results in January 2022. The furniture chain has opened a planning studio in Prague-Chodov, strengthened its regional presence with 13 outlets, and launched self-service outlets in Zličín, Černý Most and Brno. It has invested in digital solutions, sustainable projects and improved customer experience. Parent company Ingka Group reported a 6.3% increase in sales to EUR 37.4bn for the period.



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