IKEA has increased its UK total sales by 5.8% to £1.814 billion in the year to August 31st. This marks its sixth consecutive year of growth. The retailer has also said that it has grown its market share by 0.5% to bring it one step closer to its ambition of increasing overall market share to 15% by 2027.
IKEA UK country retail manager, Gillian Drakeford said: “As we celebrate our 30th anniversary this year, we remain committed to the UK and are proud to have achieved another successful year of growth. This is testament to the talent of our co-workers and our ambition to inspire customers with the best possible experience.”
Drakes ford continued: “We have ambitious expansion plans for the UK and are committed to making IKEA more accessible to the many people. As well as opening new stores, we are also enhancing existing stores. Half way through the year we refurbished all living room departments in preparation for this year’s ‘Make Room for Life’ campaign and we are already seeing a great response to this. We also rebuilt many of our self-serve areas by creating wider aisles so that it’s a safer and more pleasant shopping experience for customers.”
IKEA created 1,000 new jobs in the year bringing its total number of staff to 10,900.
