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IKEA
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IKEA: A Global Furniture Giant IKEA, a Swedish multinational conglomerate, has dominated the global furniture retail market since 2008. Founded in 1943 by Ingvar Kamprad, the brand name is an acronym derived from his initials and his hometown. Known for its modernist designs and affordable prices, I...
Image Source : Wikipedia
- Company type Private
- Industry Retail
- Founded 28 July 1943
- Founders Ingvar Kamprad
- Headquarters Delft, Netherlands, (Inter IKEA Systems B.V.), Leiden, Netherlands, (INGKA Holding B.V.)
- Area served Worldwide
- Revenue €45.1 billion (2024)
- Website www.about.ikea.com, ingka.com, ikea.com (retail)
Related Other Pages:
- Reliance Industries, V-Guard Industries and Tata Group
IKEA history
Last Updated : 23/03/25, 09:46 AM
IKEA: A Global Retail Giant's Journey Founded in 1943 by Ingvar Kamprad, IKEA initially operated as a mail-order furniture business. Its first physical store opened in Älmhult, Sweden in 1958. The name, an acronym for Ingvar Kamprad Elmtaryd Agunnaryd, reflects the founder's name and his childh...
IKEA NEWS
Dozens of misplaced anti-tank mines found in Polish IKEA warehouse
January 14, 2025 2:01 am
The mines were part of a cargo of 240 being transported by rail from Hajnowka, near Poland’s eastern border with Belarus.
Entire menu sourced locally... planning more seasonal and festive offerings: IKEA India's Country Food Manager
September 08, 2024 7:38 am
nkit Ghai, IKEA India's Country Food Manager, discussed how IKEA is adapting its offerings to suit local tastes while maintaining its commitment to affordability, a cornerstone of the IKEA brand.
With low prices and local flavours, IKEA spices up food business in India
September 03, 2024 4:26 pm
In last 3 years, food business has doubled its contribution to overall revenue
Ikea throws shade with ‘DÖJA Towel’ dress inspired by Doja Cat’s Met Gala look
May 14, 2024 12:14 pm
A model is decked out in a bath towel fashioned into a dress with a giant care tag bearing the label DÖJA and a playful cat icon.
Meatballs in IKEA store, popcorn at PVR: Why businesses are betting on food
October 16, 2023 10:43 am
IKEA is not alone in generating a healthy F&B revenue stream, which is now an appetising non-core diversification for companies across various non-food sectors, including airlines, cinemas and theme park operators.
IKEA to launch its second city store in Mumbai's R City Mall
July 02, 2022 8:59 pm
This will be the first in-mall store for IKEA in India. It will strengthen IKEA’s commitment to expand its omni channel presence in Maharashtra and become more accessible to the many people of Mumbai.
Karnataka: CM Bommai inaugurates IKEA’s Bengaluru store
June 23, 2022 8:04 am
Spread over 4.6 lakh sq ft, the store is the largest IKEA outlet in the country and is located close to the Nagasandra station of Bengaluru Namma metro.
IKEA India to source more products locally to tackle rising inflation
June 22, 2022 5:51 pm
IKEA India intends to target the developing middle class in the country by sourcing more goods locally in an attempt to fight inflation. After four years on the Indian market, the furniture manufacturer launched its fourth store in Bengaluru, making a significant bet on home goods.
IKEA store in Bengaluru to open on June 22
May 31, 2022 1:46 pm
The IKEA store in Bengaluru will be inaugurated by CEO of Ingka Group, Jester Brodin, who has invited Karnataka Chief Minister Basavaraj Bommai for the event.
IKEA buys land damaged by hurricane in Florida to plant forests
January 14, 2022 2:30 pm
Ingka Group will plant seedlings of mainly longleaf pine on the 1,321 hectares (3,264 acres) of land in Florida.
