IKEA is opening a record 50 new stores worldwide this year after demand surged during lockdown. The new shops will be smaller than its traditional out-of-town warehouses and comes despite the growth in online sales. IKEA is opening 50 new stores worldwide this year after demand surged during lockdown. Online sales also boomed, rising by 50 per cent as customers were forced to head online for their shopping. Inter IKEA said online sales remained high even after stores, most of which closed temporarily for an average of four weeks early in the pandemic, re-opened.

Source: Daily Mail October 07, 2020 17:45 UTC