Global  

“News neutrality by unbiased coverage”
One News Page
> >

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.
0
shares
ShareTweetSavePostSend
 
Credit: Reuters Studio - Published < > Embed
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.

You Might Like


Recent related videos from verified sources

Income and Compatibility are Strongly Linked [Video]Income and Compatibility are Strongly Linked 01:04

Before getting serious with a new partner, you may want to check their paystubs. According to new research, relationships are incompatible if there's a $36,000 disparity in salary. The fascinating new..

Credit: SWNS STUDIO - Published

INVIDI Buys Ooyala’s AdTech Unit, Will ‘Reinvest’: Anderson [Video]INVIDI Buys Ooyala’s AdTech Unit, Will ‘Reinvest’: Anderson 02:58

LONDON -- The new owner of Ooyala's adtech unit has promised to "reinvest" in the company as it bids to embrace a continuing digital advertising opportunity. INVIVI, which facilitates addressable..

Credit: BeetTV - Affiliate - Published

ModaLisboa Spring/Summer 2019 - Nuno Gama | FashionTV | FTV [Video]ModaLisboa Spring/Summer 2019 - Nuno Gama | FashionTV | FTV 07:42

LISBON - Nuno Gama was born on April 22, 1966, in Azeitão, Portugal. In 1986, he went attended CITEX –Oporto where he studied Fashion Design. Very early in his career, he started working in..

Credit: FashionTV - Published

IKEA is having a rethink, and it's proving costly [Video]IKEA is having a rethink, and it's proving costly 01:48

IKEA Group said on Wednesday large investments in improving its online offering, delivery services and in opening new smaller city centre stores to meet changing shopping habits pulled its full-year..

Credit: Rumble - Published

Tech Giants Are Gobbling Up TV Ads: Think TV’s Behr [Video]Tech Giants Are Gobbling Up TV Ads: Think TV’s Behr 06:07

Traditional media folk often look enviously at the likes of Google, Facebook and Amazon - massive tech companies they see as disrupting and cannibalizing their advertising income. Even when it comes to..

Credit: BeetTV - Affiliate - Published

Black Friday Sets Online Records [Video]Black Friday Sets Online Records 00:37

NEW YORK (Reuters) - Shoppers across the United States snapped up deep discounts on toys, clothing and electronics both online and at stores on Black Friday, giving retailers a strong start to their..

Credit: Wochit Business - Published

Ikea To Lay Off 7,500 Employees [Video]Ikea To Lay Off 7,500 Employees 00:45

According to CNN, Ingka Group, which owns and operates most Ikea stores, said Wednesday it is cutting its global workforce by 5% and shifting toward smaller stores and more online shopping. The company..

Credit: Wochit - Published

Los Angeles Fashion Week S/S 19  - Art Hearts Fashion - Jonathan Marc Stein | FashionTV | FTV [Video]Los Angeles Fashion Week S/S 19 - Art Hearts Fashion - Jonathan Marc Stein | FashionTV | FTV 07:25

LOS ANGELES - onathan Marc Stein was founded in 2014 by Jonathan Marc Stein as an emerging brand creating an identity as a couture fashion house. Stein, a 22-year-old and Cincinnati, Ohio native, chose..

Credit: FashionTV - Published


Recent related news from verified sources

Global Gems & Jewelry Market Outlook to 2023: Increase in Sales Through Online Stores

Dublin, Dec. 10, 2018 (GLOBE NEWSWIRE) -- The "Gems and Jewelry Market - Segmented by Product (Rings, Necklaces, Earrings, Bracelets, Chains and Pendants, and...
GlobeNewswire - Press Releases

Vince Holding rallies as luxury retailer’s quarterly net income nearly doubles

Vince Holding Corp (NYSE:VNCE) rallied Thursday after reporting net income that almost doubled in the third quarter on retail growth and e-commerce business...
Proactive Investors - Business

Starbucks to expand delivery in US, China

NEW YORK (AP) — Starbucks is expanding delivery to more stores in the U.S. and China as it tries to accelerate growth in those two markets. The company says it...
SeattlePI.com - Business


Tweets about this


Other recent news in Business

Johnson & Johnson tumbles after report says it knew for decades that its BABY POWDER contained asbestos (JNJ)FACEBOOK quietly killed its Building 8 skunkworks unit as it reshuffles its cutting-edge experiments and hardware (FB)
$66 billion wipeout: JOHNSON & JOHNSON shares plunge after asbestos reportFacebook software bug exposed photos of up to 6.8 MILLION USERS
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest