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IKEA reports record retail sales of € 41.9 billion in fiscal 2021

STOCKHOLM, Oct 14 (Reuters) – IKEA, the world’s largest furniture brand, reported record annual retail sales on Thursday despite global supply chain disruptions as homebound consumers spent more on products. for their homes.

Franchisor Inter IKEA said that sales of products and services in all IKEA stores and online amounted to 41.9 billion euros ($ 48.7 billion), 6% more than the previous fiscal year and 1% higher than the previous fiscal year. fiscal year prior to the 2019 pandemic.

E-commerce for the year through August grew 73% to represent 26% of total retail sales, it said in a statement.

Ikea’s main franchise firm Ingka Group, which owns most of the stores and e-commerce operations, said separately that its retail sales rose 6% to 37.4 billion euros.

That figure was 2% higher than pre-pandemic levels, Ingka CEO Jesper Brodin said.

(1 dollar = 0.8610 euros)

(Reporting by Anna Ringstrom. Edited in Spanish by Marion Giraldo)

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