IKEA Plans Major Expansion

The online edition of the Swedish financial daily “Dagens Industri” says the furniture giant IKEA plans to hire tens of thousands of workers over the next few years as it opens dozens of new stores.

That includes 24 openings in the coming year. In an interview, IKEA CEO Anders Dahlvig says the company plans to double its sales over the next five or six years.

IKEA is unlisted and therefore does not publish annual reports. But “Dagens Industri” says the financial year that ended in August was the best ever since the chain was founded in 1943, with sales rising from 14.8 billion euros to 17.3 billion euros.

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