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The cost to IKEA of the incident was estimated to be between $6 and $7 million. [7] In 1999, IKEA replaced the lacquer coating on the white bookcase with melamine foil. [1] In 2009 Bloomberg instigated a "Billy bookcase index", as an alternative to the Big Mac index, to compare relative price levels in different countries around the world. [8] [9]
An unassembled IKEA flat-pack stool. Ready-to-assemble furniture (RTA), also known as knock-down furniture (KD), flat-pack furniture, or kit furniture, is a form of furniture that requires customer assembly. The separate components are packed for sale in cartons which also contain assembly instructions and sometimes hardware.
IKEA (/ aɪ ˈ k iː ə / eye-KEE-ə, Swedish:), is a multinational conglomerate founded in Sweden [6] [7] that designs and sells ready-to-assemble furniture, kitchen appliances, decoration, home accessories, and various other goods and home services.
Desk; c. 1765; mahogany, chestnut and tulip poplar; 87.3 x 92.7 x 52.1 cm; Metropolitan Museum of Art (New York City) A desk or bureau is a piece of furniture with a flat table-style work surface used in a school, office, home or the like for academic, professional or domestic activities such as reading, writing, or using equipment such as a computer.
The name was changed in 1929 to All-Steel-Equip Company. In the 1920s, the company began to branch out and started producing kitchen cabinets and refrigerated food lockers. Requests for metal file cabinets were becoming common, so the company bought out a supplier, the Aurora Metal Cabinet Company, in 1936 to enter this market.
Mikael Ohlsson is the former president of the Swedish furniture store chain, IKEA. [1] Ohlsson has worked for IKEA for 30 years, starting off in the carpet department in the Linköping store. He started his assignment as head of the company on 1 September 2009 [ 2 ] Ohlsson is married and has one daughter and two sons.