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Revamped Ikea posts record annual sales Ikea has reported annual sales above €40 billion ($64.7 billion) for the first time following its ongoing refocus on smaller city-centre stores and online commerce. In the 12 months to the end of August, the giant Swedish furniture group said it sold goods and services worth €41.3 billion, a 6 per cent rise from €38.8 billion last year. Online revenue surged 43 per cent to €2.9 billion.  Besides developing digital and other services such as fu