IKEA unveils annual report

IKEA Canada marked the release of its 2024 annual report by welcoming stakeholders for behind-the-scenes store tours. Highlights of the report include $2.8 billion in total sales for the year, down by 1.4 percent, and an $80 million investment in price reductions. Store traffic rose by 14 percent to 32.6 million customers. In 2024, nearly 23 million meatballs were served in IKEA Canada’s restaurants.