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Amid post-pandemic shifts, IKEA demonstrated remarkable resilience in the face of market challenges. Through strategic investments and enhanced omnichannel prowess, the company adeptly managed pricing amidst escalating costs. Notably, sizeable commitments to renewable energy have showcased its strides in a circular economy, aligning with ambitious sustainability aims. This agile approach underscores IKEA’s commitment to both adaptability and enduring sustainable growth.
With a presence spanning continents, Ikea distinguishes itself as the sole player in the homewares and home furnishings stores channel with a truly global reach. Ikea is now embracing compact store formats and the conversion of existing outlets into fulfilment centres, while concentrating its expansion efforts on the global South. Sustainability and the utilisation of cutting-edge technologies to enhance inventory management and supply chain operations are now paramount for the retailer.
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