Content about Economy of Sweden

January 23, 2013

Ikea FY sales up, continues remodel of Marketplace

Ikea reported that sales for its fiscal year 2012 grew by 9.5% and profits were up 8% to $4.2 billion, thanks to its model of offering low-cost, functional furniture.

CONSHOHOCKEN, Pa. — Ikea reported that sales for its fiscal year 2012 grew by 9.5% and profits were up 8% to $4.2 billion, thanks to its model of offering low-cost, functional furniture. Comparable-store sales were up 8% at its U.S. stores.

December 18, 2012

Kansas City here Ikea comes

Ikea has received the green light from Merriam’s city council to go ahead with its Kansas City-area store.

CONSHOHOCKEN, Pa. — Ikea has received the green light from Merriam’s city council to go ahead with its Kansas City-area store.

Pending the land purchase, permits and demolition of on-site buildings, construction of Ikea Merriam can begin summer 2013, with the store opening fall 2014.