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Corrected: New stores and online growth help IKEA fend off rivals

Reuters India Thursday, 11 October 2018 ()
IKEA reported a 5 percent rise in annual sales on Wednesday as strong online growth and new stores in India and several other countries helped the world's biggest furniture retailer cope with mounting competition.
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News video: Online shopping surge helps lift IKEA's full-year sales

▶ Online shopping surge helps lift IKEA's full-year sales 01:39

IKEA has reported a 5 percent rise in annual sales as strong online growth and new stores in countries such as India and Latvia helped the world's biggest furniture retailer to cope with mounting competition.Thuy Ong reports.

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IKEA has reported a 5 percent rise in annual sales as strong online growth and new stores in countries such as India and Latvia helped the world's biggest furniture retailer to cope with mounting..

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