At present, home products are still selling hot products in Europe and America. While e-commerce sales have increased, the traffic of the store has also increased significantly. Company HOMEGOODS, AT Home and Floor & Décor said that the passenger traffic in September and October this year increased by more than 20% over the same period last year, and a good momentum is expected to continue to Christmas season. In contrast, many other categories of retail industry have fallen.
In addition, recently IKEA Group and other home-rated products retail giants announced the price increase, which is the first comprehensive price increase since 2019. The biggest reason is that the rapid rise in transportation and raw material prices in the second half of the year has challenged the whole year. Although the demand continues to create new high, the profit has fallen sharply. The financial report shows that as of August, the IKEA annual profit is 1.4 billion euros, a decrease of 16%.