Online sales, foreign expansion boost Ikea sales

Swedish furniture giant Ikea on Wednesday reported rising sales for the year to August, helped by a big push online and new store openings, including its first in India.Adjusted for currency impact, sales were up 4.5 percent at its over 400 worldwide stores."It was an incredible year," Jesper Brodin, the new CEO of the Ingka Group which owns the bulk of Ikea stores, told reporters in Madrid at an event to promote its new city centre store in the Spanish capital timed to coincide with the release