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Ikea Sees Up to 85% Sales Growth by 2020
October 22,
2012 by in UnCategorized 
By Aggregated Content in Furniture Retailing on October 23, 2012
from http://www.nasdaq.com/article/ikea-sees-up-to-85-sales-growth-by-2020-20121023-00139#.UIaLnWnuVM4
Ikea expects to potentially increase revenue by as much as 85% and more than double the amount of people expected to walk through the Swedish furniture giant's doors on an annual basis.
By 2020, Ikea said it plans to generate between 45 billion euros and 50 billion euros in annual revenue, up from an estimated EUR26.9 billion in the most-recent
fiscal year ended Aug. 31.
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