Ikea lifts 2020 forecast as shoppers buy more on their homes

Stockholm — Ikea sees sales returning to growth in 2020 after the coronavirus crisis boosted shoppers' interest in spending more on their homes, a trend the world's biggest furniture retailer believes is here to stay. Ikea is shifting focus from its traditional large out-of-town stores towards e-commerce and smaller inner-city formats as it adapts to the growth of...