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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
IKEA opens its first ever store in India; removes pork and beef items from the menu
August 10, 2018 12:28 pm
Five years after IKEA received approval to open retail stores in India, the company opened its doors to the public on August 9 in Hyderabad. They have localised their food offerings and have replaced their signature meatballs with veg and chicken food items.
What, no meatballs? How Ikea caters to different global tastes
August 09, 2018 11:10 am
The cafeteria in Ikea’s new Hyderabad store will have 1,000 seats. Out of respect for Hindu beliefs, the pork-and-beef dish will be dropped from the menu in favor of chicken meatballs, biryani, samosas and vegetarian hotdogs.
Ikea to inaugurate first store in India today
August 09, 2018 1:21 am
Ikea officials said they visited over 1,000 homes of various sizes belonging to different income groups to understand the needs and aspirations of people and designed the 2,000 products to suit Indian needs.
Ikea's first store in India to open tomorrow
August 08, 2018 11:45 am
Ikea's Hyderabad store has 7,500 products including fully furnished rooms.
IKEA to open first Indian store in Hyderabad on August 9
August 05, 2018 3:37 pm
IKEA Retail India had earlier said it decided to move the date to August 9 from July 19 as it needs some more time to live up to its expected quality commitments towards customers and co-workers.
Ahead of Hyderabad store opening, IKEA launches Indian website
July 06, 2018 1:56 pm
IKEA, which will open its first outlet in Hitech City in Hyderabad on July 19, is known for its sprawling stores, which even include cafeterias.
'Hej Home' opened in Hyderabad: IKEA provides a sneak peek into upcoming products
November 23, 2017 12:55 am
“This home is in an Indian mall, but with solutions from IKEA, where we are catering the customer needs based on research we have done about how people want to live"
IKEA Hej Home offers glimpse of furnishing solutions ahead of Hyderbad store launch
November 22, 2017 2:47 pm
Set up at an investment of 100,000 euros at Hyderabad, the 3,000 square feet Hej Home will be open till the store commences operations in six months.
To suit domestic taste, Ikea to prepare India recipe with local flavours
July 25, 2017 3:44 am
The practice of people driving down to far off locations to pick up a furniture unit, bringing it back home, and building it themselves might not work here, according to Ikea India’s deputy country manager Patrik Antoni.
IKEA planning to expand production unit in India
June 09, 2016 2:32 pm
IKEA CEO Peter Agnefjäll said that that the company is planning to target the large middle class section in the country
