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IKEA Pasay City, the largest store of the Swedish furniture chain, posted a 28.7 percent increase in sales to 144 million euros or about P8.7 billion in its 2023 financial year ending August from a year ago.
Ikano Retail, one of the 12 IKEA franchisees around the world, has 13 IKEA stores and five IKEA-anchored shopping centers in its portfolio. “We continue to add value to communities feeling the pinch by offering affordable home furnishing solutions, inspiring stores and a great day out together with our shopping centers,” he said.
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