Ikea generates 3.2% less turnover in Germany

Online turnover doubles to €1.747bn in 2020/2021 financial year

In the 2020/2021 financial year (31 Aug.), turnover of Ikea Deutschland GmbH & Co. KG (Hofheim-Wallau) declined by 3.2% to €5.305bn. The fact that this decline is relatively small despite the company’s 54 furniture stores being closed for almost five months due to the lockdown is attributable to the positive ...

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