IKEA, the Swedish furniture giant has now successfully reopened its five department stores in Denmark, after six weeks which saw the biggest drop in Danish retail sales in twenty years.
There was large queues of customers on Monday, all eager to buy furniture and bedding after the long closure, caused by the lockdown.
Christian Mouroux Pedersen, Communications Manager commented: “I can say that we have never, ever had 3,500 customers at the same time in our department store,” he said. “So we have a hard time believing that we’re going to blow that ceiling. But of course, we are paying close attention to how many customers are constantly in the various department stores.”
“Even during the 2008-2009 financial crisis, retail sales never fell by more than 1.4 percent in a single month, it is frighteningly clear that the outbreak of viruses and the partial shut down of society has triggered a historic dip in Danes’ consumption,” – Tore Stramer, Chief Economist – Danish Chamber of Commerce
