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IKEA NEWS AND COMPANY PROFILE

IKEA was founded by Ingvar Kamprad at the age of 17 in Sweden, initially selling small household items like pens and wallets. It later revolutionised the… View Article

IKEA

MORE ABOUT IKEA

IKEA was founded by Ingvar Kamprad at the age of 17 in Sweden, initially selling small household items like pens and wallets. It later revolutionised the furniture industry by introducing ready-to-assemble flat-pack furniture. The company’s innovation in design and affordability has made it a global leader in home furnishings. Over the decades, IKEA has expanded its reach, opening hundreds of stores worldwide, including Europe, North America, and Asia, and today, it is known for offering stylish and functional furniture that is easy to transport and assemble.

Company Essentials

  • Founded: 1943
  • Founder(s): Ingvar Kamprad
  • Headquarters: Delft, Netherlands
  • Industry: Retail (Furniture and Home Goods)

Main Products and Services

IKEA’s product range includes:

  • Furniture (living room, bedroom, and office furniture)
  • Home Accessories (lighting, rugs, curtains, etc.)
  • Kitchenware (appliances, cookware, utensils)
  • Outdoor Furniture
  • Bedding and Mattresses
  • Small Electronics
    Additionally, IKEA provides home delivery services and shopping options both in-store and online.

Stores

  • Number of Stores: 480 IKEA stores in 63 markets

Corporate Social Responsibility & Company Culture

IKEA is committed to becoming climate-positive by 2030 in line with the UN Sustainable Development Goals (SDGs). IKEA's sustainability strategy focuses on three main areas: promoting healthy and sustainable living by providing products and services that encourage sustainable lifestyles, such as better food choices and responsible use of energy. The company is committed to addressing climate change by halving its emissions by 2030 and aiming for net-zero emissions by 2050 while also prioritising circularity to regenerate resources and enhance biodiversity. Additionally, IKEA promotes a fair and equal society by ensuring that human rights are respected across its supply chain and by supporting resilient communities. Through the IKEA Foundation, it helps families living in poverty to build sustainable livelihoods and promotes regenerative agriculture.

Retail Awards & Recognition

IKEA has won numerous awards, including:

  • Red Dot Design Award for STARKVIND table with air purifier and IKEA SALJEN mixer tap.
  • Recognised as one of the most sustainable companies in retail.
  • Ranked highly in Fortune's Top 100 Companies to Work For in 2007.
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