IKEA sales up 9.7% in 2007

Furniture accounted for 64% of purchases in 2007, while accessories accounted for the rest.

Home-furnishings giant IKEA Israel posted NIS 469.3 million in sales in 2007, a 9.7 percent increase from 2006, the Sweden-based chain said Wednesday. The number of visitors to the store rose by 5.2% to 2.65 million during 2007. Furniture accounted for 64% of purchases in 2007, while accessories accounted for the rest. Sales of kitchen items rose 23% over 2006, sales of office furniture rose 18% and sales of bedroom items rose 13%. The haredi, Arab and Russian-speaking sectors were the primary growth engines for the jump in sales during 2007, IKEA Israel general manager Shlomo Gabay said.