Ikea confirms no plan to open further Irish stores

Ikea has confirmed it has no plans to open further shops in Ireland after seeing online orders drive Irish sales in its latest financial year.

Ikea confirms no plan to open further Irish stores

By Geoff Percival

Ikea has confirmed it has no plans to open further shops in Ireland after seeing online orders drive Irish sales in its latest financial year.

The Swedish furniture retailer’s Irish operations generated sales of €181.5m in the 12 months to the end of August, a 7.4% increase on the previous year.

A key driver of that growth was online sales, with €17.3m worth of goods being bought via Ikea’s Irish website and over 17m visits being made to the site.

Ikea operates two stores on the island of Ireland — in Belfast and Ballymun, in north Dublin. It also has an order-and-collection outlet in Carrickmines, in south Dublin, and last year launched its online sales channel.

“We have no plans for additional stores in Ireland at present. We think the multi-channel approach is the best way to meet customer needs,” said Ikea Ireland boss Claudia Marshall.

“The store’s ability to inspire consumers, in addition to expert advice from our co-workers, was a key factor in our success, together with the launch of our shop online channel,” she said.

There had been intense speculation that Ikea may open a third Irish store in Carrigtwohill, in east Cork, but that is no longer being considered.

Ms Marshall said the ‘shop online’ programme has been “a great success” since its launch 10 months ago, “giving customers all over Ireland the opportunity to shop with Ikea whenever and wherever they want.”

“We look forward to seeing this growth continue into 2019 and beyond,” she said.

Ikea said its share of Ireland’s home furnishings market grew by 0.3 percentage points to 8.7%.

The hot summer also boosted is sales of outdoor furniture.

more courts articles

Football fan given banning order after mocking Munich air disaster Football fan given banning order after mocking Munich air disaster
Man (25) in court charged with murdering his father and attempted murder of mother Man (25) in court charged with murdering his father and attempted murder of mother
Man appears in court charged with false imprisonment of woman in van Man appears in court charged with false imprisonment of woman in van

More in this section

Tesla cancels its long-promised inexpensive car Tesla cancels its long-promised inexpensive car
Net zero Profits plummet at battery-maker LG Energy amid EV slowdown
Concern honours Ireland’s volunteers Concern honours Ireland’s volunteers
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited