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Olof Palmestraat 1 2616 Delft, The Netherlands Tel. +31-15-215-0750 Fax +31-15-219-0533 |
Type: Private
On the web:
http://franchisor.ikea.com
Employees:
127,800
Employee growth: 8.3%
How Swede it is. One of the world's top furniture retailers, IKEA sells Scandinavian-style home furnishings and other housewares in about 295 stores in some 40 countries. To cut transportation costs, IKEA uses flat packaging; customers assemble the products at home. The company designs its own furniture, which is made by nearly 1,400 suppliers in more than 50 countries. IKEA's stores feature playrooms for children and Swedish cuisine restaurants. It also sells by mail order and online. An acronym for founder Ingvar Kamprad and his boyhood home, Elmtaryd, Agunnaryd, IKEA began operating in Sweden in 1943. It is owned by Kamprad's Netherlands-based charitable foundation, Stichting Ingka.
Key numbers for fiscal year ending August, 2008:
Sales: $31,098.3M
One year growth: 15.1%
Officers:
Chairman and CEO: Thomas Bergström
Group President: Anders Dahlvig
CFO: Sören Hansen
Competitors:
Ashley Furniture
Galiform
Wal-Mart
