Ikea grows by 7 per cent in Germany

Ikea Germany ends the 2021/22 financial year (31 August) with sales of just under EUR 5.7 billion (+7.1%). Of this, EUR 1.3 billion was achieved in online retail. Its share of retail sales excluding food fell from 35.1 to 24.5 % because the Corona restrictions were gradually removed in the past financial year and, unlike in the 2020/21 financial year, there was no longer a lockdown. The average receipt in bricks-and-mortar retail rose by 2.5% to EUR 104.12, while online it was EUR 243.64, around 30% higher than in the previous year.

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