Home From the Wires Ikea expands globally

Ikea expands globally

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Wednesday, January 23, 2013

Huffington Post: Ikea plans to open 25 new outlets by 2020, boosted by net profits that grew 8% last year.

Ikea Group CEO Mikael Ohlsson said most growth last year was in China, Russia and Poland, closely followed by the United States and Germany.

The Sweden-based company has 338 stores employing some 154,000 people in more than 40 countries. The new outlets will mainly be in Asia.

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