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Selwyn Crittendon

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IKEA Canada closes fiscal year 2025 with $2.8B annual sales, down 2.5% from last year

Mario Toneguzzi -
The home furnishing retailer maintained $2.80 billion in retail sales (-2.5% compared to FY24) while serving more Canadians online (199.9M; +11.2%) and in-store (33.3M; +1.6%) and achieving $143 million in IKEA Food sales (+4.1%).
News

IKEA Canada breaks ground on new Customer Distribution Centre in Hamilton

Mario Toneguzzi -
The new IKEA Hamilton CDC and Collection point is anticipated to open in the summer of 2027.
News

IKEA Canada invests an additional $50M to reduce prices on hundreds more products

Mario Toneguzzi -
IKEA Canada invested more than $80M last year to lower prices on more than 1,500 products across its range.
News Briefs (Bulletin/Quick Reads)

IKEA Canada commits $300,000 to Furniture Bank to combat furniture poverty and accelerate a circular economy 

Mario Toneguzzi -
IKEA Canada has enabled Furniture Bank to reuse over 25,000 returned mattresses and 10,000 other essentials, diverting these valuable resources from landfills and providing home furnishings to over 11,680 individuals and families in need.
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