IKEA grew 3% CAGR 2017~2020. 2020 was an extremely challenging year with a greater than 10% decline pressure from periods with enforced store closures in the core Western European markets. Extremely fast efforts in scaling online sales fulfilment infrastructure permitted IKEA to post a -4% result in financial year end August 2020.Strategy has shifted to focus on smaller urban stores, service better those who are working-from-home, and home furnishings addressing wellness
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Euromonitor International's report on Inter IKEA Systems BV delivers a detailed strategic analysis of the company's business, examining its performance in the Home and Garden market and the global economy. Company and market share data provide a detailed look at the financial position of Inter IKEA Systems BV, while in-depth qualitative analysis will help you understand the brand strategy and growth prospects of Inter IKEA Systems BV.
Euromonitor International's company profile reports are written by our Home and Garden research team, a dedicated group of analysts that knows the industry inside and out. Buy this report to inform your planning, strategy, marketing, sales and competitor intelligence functions.
This project has a strict focus on sales to consumers only. Trade and professional sales are excluded. Home and garden refers to gardening, home improvement, homewares and home furnishings.
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