LONDON - IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but it expects a recovery next year.
After seeing a decline in store visits and sold quantities, IKEA decided to cut prices, which boosted footfall and the amount of products sold, Brodin said. For 2025, IKEA expects a boost to sales as lower interest rates drive more people to move house, which usually prompts buying of beds, sofas, and bookcases.
Figure 1 Figure 1 Figure 2 Figure 2 Figure 4 Figure 4 Figure 5 Figure 5 Figure 6 Figure 6 Figure 7 Figure 7 Figure 8 Figure 8 2024 Season Highlights: In total, assays are pending on 105 holes that include: 62 holes drilled this year, 17 previous holes relogged with RIRG style mineralization in dykes and 14 other separate holes relogged that were drilled between 2021 – 2023 at Surebet. Assays are pending for 12 holes drilled at Treasure Island this year as well.
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