Ingka to integrate branches into distribution network

28.02.2019 − 

The Ingka group wants to integrate the static Ikea furniture stores into the distribution and fulfilment network for delivering online orders in future. As the group reported in its report for the business year 2017/2018 (31 August), the branches are to be equipped with an appropriate digital infrastructure for this purpose in order to ensure cost-efficient and fast delivery to customers. 14 new distribution units have already been created by this means in the business year 2017/2018.

This concept is not being implemented in Germany yet, though Ikea Deutschland is examining the option of a smaller-scale furniture store with additional storage areas for Nuremberg enabling delivery of online purchases. The plan is part of the Ingka group’s reorientation, which, besides the increased positioning of Ikea stores in inner-city locations, also provides for the expansion of the eCommerce platform as well as investment in fulfilment and distribution centres.

The Ingka group recorded total sales revenue of 37.050bn € (+2.1 %) for its business year 2017/2018. Besides the Ikea retail sales revenue, this also includes the rental income from the Ingka shopping centres and the revenue from provided services (1.35bn €).

Tags of this news:

previous − Howdens also withdraws from the Netherlands

Nobilia achieved record revenue growth in 2018  − next