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IKEA has 471 stores in 63 countries—but it still looks at each country as a unique market of its own. The Swedish company has local customers, not global ones, and leaves the pricing mandate to ...
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An ornate brass door hinge A barrel hinge. A hinge is a mechanical bearing that connects two solid objects, typically allowing only a limited angle of rotation between them. Two objects connected by an ideal hinge rotate relative to each other about a fixed axis of rotation, with all other translations or rotations prevented; thus a hinge has one degree of freedom.
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The French branch of IKEA went on trial on 22 March 2021, for running an elaborate system to spy on staff members and job applicants by illegally using private detectives and police officers. [17] On 15 June 2021, IKEA France was found guilty of spying and ordered to pay €1.1m in fines and damages for these illegal practices.