IKEA Canada announced total sales of $2.17 billion in Canada for the financial year ending August 31st, 2017, an increase of +5.9 per cent on the previous year. Outlined in the company's summary report, these results continue a trend of positive growth for IKEA Canada, which has seen retail sales increase by +33.5 per cent in three years. Amid the successful year, IKEA Canada advanced its coast to coast expansion plan to double in size by 2025, all while continuing to put its customers and co-workers at the centre. Cementing its position as leader in life at home, IKEA held the number one market share place in the furniture category for the fourth year in a row, increasing by 0.2 per cent to 9.6 per cent. "I am pleased to share another strong year of retail sales growth for IKEA Canada, where we've seen significant progress toward our goal of making the shopping experience more accessible and enjoyable for Canadian customers - no matter how or when they choose to interact with IKEA," said Marsha Smith, President, IKEA Canada. "Despite challenging economic times, we have focused on what makes IKEA unique - relevant and inspiring products at low prices that side with the many Canadians."
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