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From Home Furnishing Business

Ikea Sees Sales, Market Share Grow Further

Buoyed by increasing demand for its popular furniture and accessories, Ikea says sales grew more that 3 percent to 27.9 billion euros ($38 billion) in the latest fiscal year.

The world's largest furniture retailer said Monday that market share grew in most regions, including Russia and China, and that "significant progress" was made in North America.

The Sweden-based company does not release quarterly figures. It gave no more details in a brief release on Monday, saying its full report for the fiscal year ending Aug. 31 will be published in January.

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Source: ABC News 








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