- Germany edition
- Change edition:
- France |
- Norway |
- Spain |
- Sweden |
- Switzerland
Ikea's record sales lead to expansion
Published: 19 Jan 13 13:13 CET | Print version
Online: http://www.thelocal.de/money/20130119-47429.html
Ikea, the Swedish furniture conglomerate, posted record sales in Germany last year and plans to open 20 additional stores in the next decade, the Wirtschaftswoche reported on Saturday.
- Ikea: sorry for East German prison labour - Business & Money (16 Nov 12)
- Ikea planning 'to build new district in Hamburg' - Society (22 Aug 12)
- East German prison labour claims spread - Business & Money (4 May 12)
Given the company’s good economic situation in Germany the 14,500 workers in the country want a piece of the profit, the magazine said.
Revenues are reportedly up 6.3 percent to €3.9 billion, with a store in Hamburg posting the most sales.
The company expects €4.1 billion is sales this year. The new stores will be built in Ingolstadt, Kaiserslautern, Bremerhaven, Lübeck, Wuppertal, Darmstadt and other locations.
According to IKEA’s website, the company posted a 5 percent increase in sales in Germany in 2011 over 2010. Overall the conglomerate grew by 6.9 percent in 2011 over the previous year with total with sales of €24.7 billion.
The Local/mw
What do you think? Leave your comment below.
Spain and Germany fight youth employment
Germany has agreed to provide vocational training and jobs for young Spaniards starved of opportunities in their crisis-hit home country. READ () »
Car boss asks Merkel to rethink CO2 pledge
The president of the German Automobile Association (VDA) has written to Angela Merkel, asking her to retract her pledge to significantly reduce CO2 car emissions by 2025, it was reported on Tuesday. READ () »
SAP to hire hundreds of autistic IT experts
German tech company SAP said on Tuesday it wants to hire hundreds of people with autism to work as software testers and programmers. The search has, it said, begun for people “who think differently from others.” READ () »
Economists warn against German euro exit
While a third of Germans would rather pay with the old Deutsche mark than the euro, economists warn that a German exit from the currency union would result in a disaster. READ () »
Germany cool to France's EU economy plan
Germany said Friday that French President Francois Hollande's proposal for a eurozone economic government was "interesting" but reacted coolly to his call for strengthened European budgetary powers. READ () »
Au pairs rules relax for non-German families
Foreign families will soon be able to officially engage au pairs from outside the European Union, as long as they speak German at home, as the government prepares to change the law. READ () »
Germany refuses to slam French economic policy
Germany will not publicly criticize France over economic policy, German Finance Minister Wolfgang Schäuble insisted on Thursday, amid differences between Berlin and Paris over growth versus austerity in battling the eurozone debt crisis. READ () »
Capri-Sun drink wins false advertising award
A German food industry watchdog singled out drinks-maker Capri-Sun for its annual advertising "award" on Thursday, for what the group described as "shameless" marketing of sugary drinks to children. READ () »
Anaemic economy feels winter chill
The German economy, Europe's biggest, clocked up anaemic growth at the start of 2013 as the freezing winter weather put the brakes on activity, official data showed on Wednesday. READ () »
ThyssenKrupp bins 3,000 admin jobs
German heavy industry giant ThyssenKrupp said on Wednesday it plans to axe 3,000 administrative jobs worldwide as disastrous investments in steel operations overseas tore holes in its balance sheet in the second quarter. READ () »
- 14/05 First ever strike hits Amazon's German unit »
- 14/05 Volkswagen plans giant car plant in China »
- 13/05 Metal workers enter huge warning strikes »
- 13/05 Germany launches new job creation drive »
- 10/05 German giants dazzle Dax »
- 10/05 Netto pioneers mobile phone payments »
- 08/05 Court: gay and straight tax breaks must match »
- 08/05 BMW recalls 22,000 cars over airbag fault »
- 07/05 France tells Germany: we need growth too »
- 07/05 Germany 'lags behind on organic farming' »
See all ads | Join the Marketplace
-
PsyShrink Frankfurt
The Expat Psychologists in Munich, Frankfurt and worldwide -
British Corner Shop
British Corner Shop - The online supermarket for expats -
Shiply Worldwide Ltd
Shiply the Online Transport Market Place -
Weiss Institut
Free yourself from Smoking addictions, Sugar craving and Alcohol addictions -
PsyShrink Munich
The Expat Psychologists in Munich, Frankfurt and worldwide -
Chambervelt Rooselain & Cie Ltd.
Insurance and financial planning for English speakers in Germany
889 jobs available
688 new jobs this week
140 new jobs today
- Junior Team Assistant / Office Manager (M/F)
- 9914 - Associate Technical Producer
- Foreign Language Assistant (m/f)
- Expert Compensation (m/f)
- Expert Benefits (m/f)
- Embedded Control Manager / Unit Manager (m/f)
- (Senior) Sourcing Analyst (m/f)
- Mobile Frontend Developer (m/f)
- Mobile Backend Developer (m/f)
- Senior Manager Projects - Retail IT Program (m/f) Germany - Herzogenaurach
- 22/05 Riksbank unveils new board members »
- 22/05 Sweden has 'lower tax burden' than Senegal »
- 21/05 Ericsson probed over suspected bribes »
- 21/05 Warning over 'long-term' Swedish export slump »
- 20/05 'Lean hospital a sign of Swedish welfare reform' »
- 20/05 H&M mulls production in South America and Africa »
- 19/05 Nord Stream plans new gas pipelines »
- 17/05 'Sweden next in line for housing market crash' »
- 17/05 Solna voted best place to live in Sweden »
- 17/05 LinkedIn profile lands Swede with hefty tax bill »
- Food trucks – meals on wheels
Small mobile restaurants are starting to catch on in Germany and they are often far more than your average snack wagons with Currywurst and Pommes. - “Preserve the proven, shape the new” – the International Bach Academy in Stuttgart
For more than thirty years, Helmuth Rilling shaped the international Bach Academy; now he is succeeded by Hans-Christoph Rademann. - ‘Open Mike’ – Fireworks with the Buddha
The Berlin ‘Open Mike’ entered this year its twentieth edition. - On the Stage, the Spoken Word Prevails
In January 2013 the annual meeting of the Dramaturgical Society took place in Munich; its theme: “Speaking on Stage – and about Theatre”... - The Magician of Images – Klaus Ensikat
With the technique of an Old Master and subtle humour, the award-winning graphic designer and illustrator Klaus Ensikat has for fifty years produced ingenious illustrations for literary classics and children’s books....
- Theatre festival between the Saar and the Mosel
The Festival Perspectives in the German-French region around Saarbrücken is staging European theatre, dance and music productions. - The European Year of Citizens
2013 is the European Year of Citizens. - Europe Day, Robert Schuman and Class 4a
Enthusiasm for the idea of Europe – in the 60th European Competition, schoolchildren from Germany show what this could look like. - Relief organizations
The portals presented here provide information on the help programs offered by different organizations.
- Bertelsmann Entrepreneurs Program
- Design Engineer - Turbomachinery
- Design Engineer Aerospace in Toulouse
- Design Feasibility Engineer / Craftsmanship Engineer (m/f)
- HUMAN RESOURCES Graduate Trainee Program BEYOND BORDERS
- Lead Engineer - Combustion Engineering
- Lead Engineer - Product Lifecycle Management
- Lead Stress Engineer - Combustor
- Lead Stress Engineer - Rotor
- Lead Stress Engineer - Structures
- 19/05 Car Boot Sale Herford
- 17/05 paid internship
- 17/05 Florida resident seeks job in baden Baden Germany
- 17/05 Berlin Writing Group
- 17/05 cheap car hire
- 15/05 Queen size bed & frame
- 17:56 A question of science...
- 17:52 Medizinisch Psychologische Untersuchung - MPU
- 17:39 How to find a responsive doctor for chronic pain
- 17:28 Eating Adventure Treffpunkt In NuremberG (EATING)
- 17:21 The current weather in Munich
- 17:18 Where to buy Heinz baked beans
- 17:11 Time required to find an apartment in Stuttgart
- 16:53 Raining again , will it ever end?
- 16:44 Sushi Night (and other Japanese food) (2nd meetup)
- 16:41 Registration of residence in Munich (Anmeldung)
Start trading shares, equities, forex, etc. No commission on equities; Low min. margins. Apply for a CFDs account now!
'Charming, old, beamed cottage for holiday let in Jesus Pobre, Alicante, Spain
www.littlehouseinspain.com/
Professional and qualified consultancy on all insurance and finance matters in Germany, Telephone: +49 2163 571 1740, Email: bg@albatross-assurance.com
www.albatross-assurance.com
Visiting Berlin anytime soon? Book your hotel in Berlin here.
For home-from-home holiday accommodation, search for a Berlin apartment to rent.
Your comments about this article:
Walmart is great if you shop once every two weeks and have the room to store that much in your home. We don't have the space in our homes. Moreover, historically, we like to shop 3 - 4 times a week for fresh food. Again, not that Walmart has non-fresh foods. Personally, I could not quite understand buying cheese, a bicycle and a shirt in the same building. Maybe that's why I nearly never go to a Real. Real is similar, but different.
Americans enjoy the convenience that Walmart provides. We just didn't take to that convenience as easily. Now about Ikea.... :-)
Ikea on the other hand, is like Disneyland for me.