• <a fr-original-style="" href="https://www.reuters.com/business/retail-consumer/ikea-reports-record-sales-price-hikes-offset-weakening-consumer-confidence-2022-10-13/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Swedish furniture giant IKEA</a> reported record-high annual sales on Thursday as price hikes and easing effects from the pandemic made up for supply shortages, weakening consumer confidence, and its exit from Russia. Sales at all IKEA stores and online grew 6.5% annually in August, or 3.5% measured in local currencies, to €44.6 billion.<img src="https://images.aposto.com/2022/9/4/1665688484940.jpeg" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.34" width="550" alt="IKEA store" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">via Reuters<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Also: CEO Jon Abrahamsson said retail sales had not increased during the year and added the company had not passed on all input cost increases to the retailers but had assumed some itself.</li></ul>

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