Ikea sales dip 5.3% in FY24 after cutting prices
However, as a result of the price decreases, the retailer saw a 4.5% upward trend both in store visitation and a 21% increase in online visitation
Ikea has seen a 5.3% decrease in retail sales to โฌ45.1bn (ยฃ37.7bn) for its 2024 financial year as it โsubstantiallyโ lowered its prices across 63 markets.ย