Ikea posts annual sales growth

BURLINGTON, Ont. — Ikea Canada announced sales of $2.39 billion for fiscal 2018, an increase of 8% on the previous year. Traffic on Ikea.ca swelled to 104 million customers, contributing to $241.5 million in e-commerce sales, an increase of 18.8%. The retailer grew to 14 stores across Canada in the past year, with major openings in Quebec City and Halifax drawing crowds. In-store traffic rose by 6.9% to 30 million customers.