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In April 2022, IKEA has shut down one of its stores in Guiyang when sales took a significant hit from the pandemic. Because of strict COVID-19 lockdowns in China, IKEA has closed another store in Shanghai by July 2022. [49] On 10 August 2022, IKEA opened its first store in Chile, the first store in South America.
During this time, the competitor only provided six pens for each catalogue stand while IKEA offered them in large dispensers. [3] IKEA orders 5.2 million pencils yearly for its Canadian stores alone, [ 4 ] and the company does not disapprove of customers that put them to other uses such as craft projects or works of art.
The IKEA Catalogue (US spelling: IKEA Catalog; Swedish: Ikea-katalogen) was a catalogue published annually by the Swedish home furnishing retailer IKEA. First published in Swedish in 1951, [ 1 ] the catalogue was considered to be the main marketing tool of the company and, as of 2004, consumed 70% of its annual marketing budget. [ 2 ]
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