International DIY News
IKEA celebrates 40 years in Germany
IKEA is celebrating 40 years in Germany this week and passed two major sales landmarks in the year to end August.
Total sales rose slightly over 3 per cent to reach €4.1bn while the firm’s online store generated sales of €145m, meaning ecommerce has doubled in Germany in less than two years.
The Swedish retailer launched in Germany back in 1974, with this Friday marking exactly 40 years since it opened its first store north of Munich. It now trades from 48 stores in Germany and employs nearly 16,000 people.
IKEA launched in Britain 27 years ago when it opened its first store at Warrington. Today it has 18 UK stores, sales of £1.31bn, and employs over 7,000 people
Third quarter growth for Travis Perkins http://www.insightdiy.co.uk/news/third-quarter-growth-for-travis-perkins/3434.htm
Source : The Furnishing Report
www.thefurnishingreport.com
Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.
Don't miss out on all the latest, breaking news from the DIY industry
