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Our Year: Ikano Retail FY25 Annual Report

Two IKEA Co-workers in yellow uniforms facing a crowd at IKEA Chiang Mai order point, Thailand

Finding strength in uncertain times

Our FY25 Annual Report looks back at a year where we faced global challenges head-on while staying true to our promise: improving our omnichannel retail model, keeping prices low, and creating vibrant destinations for the many. It shares stories of resilience and growth – from record-breaking visitation at our Ikano Centres, record sales in the Philippines, new services in Singapore and Malaysia, and expansion in Mexico and Thailand.

About IKEA Singapore

IKEA is the world’s largest home furnishing retailer with 460 stores across more than 60 countries. IKEA Singapore is part of Ikano Retail, one of 12 IKEA franchisees and the only one owned by the family of Ingvar Kamprad, who founded IKEA in 1943.

IKEA Singapore creates a better everyday life by offering a wide range of well-designed, functional home furnishing products at prices so low, that as many people as possible can afford them. Ikano Pte. Ltd. owns and operates three omnichannel stores in Singapore, including IKEA Alexandra, IKEA Tampines and IKEA Jurong. To learn more, visit IKEA.com/sg