This is the next step for Ikea — Ikea 2.0,” said Brodin, who took over the helm as CEO of Ikea Group from Peter Agnefjall earlier this year. Online sales currently account for 5 per cent of Ikea Group’s total sales and that percentage is likely to rise as the company rolls out e-commerce to all its 29 markets. The company doesn’t rule out using third-party vendors for sales and is currently evaluating that opportunity, he said. Ikea earlier Tuesday reported a 3.6 percent increase in retail sales to $40.2 billion (U.S.) in the 12 months through Aug. 31. Headquartered fiscally in Leiden, the Netherlands, Ikea has more than 400 stores in 49 countries.

Source: thestar October 10, 2017 13:52 UTC