Ikea’s global sales increased 5.6% to €39.5 billion in its 2022 financial year and the UK was one of its top growth markets, as shoppers gravitated towards money-saving products. Tolga Öncü, retail operations manager at Ingka Group, which operates Ikea, told Retail Gazette that shoppers have been snapping up products that help them reduce their energy consumption amid soaring electricity and gas costs. He said: “With the circumstances the world is in, shoppers are looking for solutions that can reduce their energy consumption, water consumption, and food waste ...
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