The budget furniture seller, which has 21 full-sized stores and 11,380 workers, revealed a 5.9pc hike in revenues to £2bn after digital sales soared 14.4pc.
But Javier Quiñones, who runs Ikeas UK arm, declined to reveal whether revenues were up on a like-for-like basis – excluding new stores in Exeter and Sheffield.
Could a mini Ikea come to Gloucester?
He was also tight-lipped when asked if profits had bounced back after plunging more than a third to £87m last year, but admitted the company was still bearing the brunt of a fall in the value of the pound after deciding…
There have been many reports that the furniture retailer would like to open in Gloucester filling the gap between Bristol and Birmingham but so far no progress.
Now following a positive response to Ikeas smaller city centre store in Londons Tottenham Court Road, the Scandinavian company is likely to expand the idea across the country.
Ikea has announced that its UK revenues in the year to 31 August rose were up by 5.9 per cent to £1.96bn.
The furniture retailer has opened two new large-format stores in Sheffield and Exeter taking its nationwide total to 21.
Punchline hopes Ikea does come to Gloucester adding to the retail mix the city now has to offer. What better place than the Peel Centre where the ToysRUs store is now empty and there is plenty of space next to the new Next store which is set to open next year.
Developers want to radically change plans for a new waterfront food destination on the north side of Gloucester Docks.
A financial services firm from Cheltenham has revealed it is about to move its headquarters to Gloucester Quays – and create 50 jobs.
Police have launched an appeal for witnesses after an armed raider made off with cash from a Gloucester restaurant.