• Advertise
  • Contact Us
  • Supplier Directory
  • SCB YouTube
  • About Us
  • Login
  • Subscribe
  • Logout
  • My Profile
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Parcel & Express
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Robotics
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Customer Relationship Management
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • Green Energy
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • Sourcing/Procurement/SRM
    • SC Security & Risk Mgmt
    • Supply Chains in Crisis
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Management & Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Warehouse Automation
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • THINK TANK
  • WEBINARS
    • On-Demand Webinars
    • Upcoming Webinars
    • Webinar Library
  • PODCASTS
  • WHITEPAPERS
  • VIDEOS
Home » Ikea Discovers the Internet - Forges Ahead Into Age of E-commerce

Ikea Discovers the Internet - Forges Ahead Into Age of E-commerce

February 9, 2015
FierceRetailIT

After weak earnings growth in its last fiscal year, the world's largest furniture retailer wants to make 90 percent of its products available online, up from its current 70 percent. Ikea has 315 stores in 27 countries, and 40 in the United States, and has made its annual catalog and its mammoth stores the focus of its marketing rather than the Web.

"We weren't one of the early adapters, but we've matured in our thinking about it," Peter Agnefjall, Ikea's CEO told The New York Times. "We realized this is not a trend, it's a megashift."

While sales grew 5.9 percent in 2014 over the prior year overall, and U.S. same-store sales growth was up 4.2 percent, e-commerce sales rose 35 percent. Ikea is investing in its shipment services, and made 40 percent more home deliveries in the U.S. last year, according to the retailer.

Meanwhile net profit rose 0.4 percent, down from 3 percent in 2013 and 8 percent in 2012. The results were affected by higher wage costs, price reductions and new employee programs, according to the Times.

Read Full Article

    RELATED CONTENT

    RELATED VIDEOS

    Business Strategy Alignment Global Supply Chain Management High-Tech/Electronics Retail
    KEYWORDS Business Strategy Alignment E-Tailing FierceRetailIT Global Supply Chain Management High-Tech/Electronics multichannel sales omnichannel merchandising online retailing Retail Retail Supply Chain Management Supply Chain Analysis & Consulting supply chain IT Supply Chain Management: Retail
    • Related Articles

      E-Tailers Miss Many Opportunities to Fully Exploit the Possibilities of E-Commerce, Study Finds

      36 Percent of E-Commerce Sales Lost Due to Poor Checkout Performance?

      Competing with Amazon - and Other Views on the Future of E-commerce

    • Related Directories

      Tecsys, Inc.

    FierceRetailIT

    Taco Bell App Success Leads to Revamp of Company Web Site

    More from this author

    Subscribe to our Daily Newsletter!

    Timely, incisive articles delivered directly to your inbox.

    Featured Product

    Popular Stories

    • An employee in a warm suit crouches down to get boxes of food ready for shipping at a warehouse

      Packaging Optimization Is Boosting Cold Chain Growth

      Air Cargo
    • 025_the_rapid_evolution_of_warehouse_modernization_v1-(540p).png

      Watch: The Rapid Evolution of Warehouse Modernization

      Business Strategy Alignment
    • A PILE OF COFFEE BEANS SITS IN A COMPLETELY WHITE SPACE.

      U.S. to Levy 25% Tariff on Brazil, After 301 Investigation

      Global Trade & Economics
    • GIST-webinar-DecisionPoint.png

      From Fragmented Tools to Unified Workflows: How to Transform Field Operations

    • 023_automation's_scalability_in_the_warehouse_v1 (540p).png

      Watch: Automation's Scalability in the Warehouse

      All Warehouse Services

    Digital Edition

    2026 esg cover main scb q2 2026 cover

    SupplyChainBrain 2026 ESG Guide: ESG — The Supply Chain’s Biggest Secret

    VIEW THE LATEST ISSUE

    Case Studies

    • Recycled Tagging Fasteners: Small Changes Make a Big Impact

    • A GRAPHIC SHOWING MULTIPLE FORMS OF SHIPPING, WITH A HUMAN STANDING AT THE CENTER, TOUCHING A SYMBOLIC MAP OF THE WORLD

      Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

    • A GRAPHIC OF INTERLACING HONEYCOMBED ELEMENTS REPRESENTING GLOBAL BUSINESS TRANSACTIONS

      Moving Robots Site-to-Site

    • JLL Finds Perfect Warehouse Location, Leading to $15M Grant for Startup

    • Robots Speed Fulfillment to Help Apparel Company Scale for Growth

    Visit Our Sponsors

    4flow Arkieva Blue Yonder
    Carton Cloud CoEnterprise Dassault
    Duravant E2Open General Logistics Systems
    Hy-Tek iGPS Korber
    Lyngsoe Procurability Quinyx
    SAP Sikick Systech
    S&P Global Mobility TADA TransImpact
    US Bank Werner Enterprises WSI
    • More From SCB
      • Featured Content
      • Video Library
      • Think Tank Blog
      • SupplyChainBrain Podcast
      • Whitepapers
      • On-Demand Webinars
      • Upcoming Webinars
    • Digital Offerings
      • Digital Issue
      • Subscribe
      • Manage Email Preferences
      • Newsletters
    • Resources
      • Events Calendar
      • 2026 Event Coverage
      • SCB's Great Supply Chain Partners
      • Supplier Directory
      • Case Study Showcase
      • Supply Chain Innovation Awards
      • 100 Great Partners Form
    • SCB Corporate
      • Advertise on SCB.COM
      • About Us
      • Privacy Policy
      • Contact Us
      • Data Sharing Opt-Out

    All content copyright ©2026 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

    Design, CMS, Hosting & Web Development :: ePublishing