The year 1968 saw major developments in the Vietnam War. The military operations started with an attack on a US base by the Vietnam People's Army (NVA) and the Viet Cong on January 1, ending a truce declared by the Pope and agreed upon by all sides.
Already known for its massive stores, Ikea plans to supersize the local furniture-shopping experience even more by building a new site twice the size of its current Burbank location. At 470,000 square feet, the proposed Burbank store would be the Swedish retailer's largest in the United States. We need the big store now, quite frankly, said Ikea spokesman Joseph Roth. It's not so much planning for the future as addressing our current situation. The store needs to be updated..
STOCKHOLMâIKEA, the Swedish furniture giant, expects to increase revenue as much as 85% by 2020, as well as more than double the number of people who walk through its doors on an annual basis. IKEA said it plans to generate between â¬45 billion and â¬50 billion ($58.8 billion to $65.3 billion) in annual revenue, up from an estimated â¬26.9 billion in the most recent fiscal year ended Aug. 31.