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The IKEA effect was identified and named by Michael I. Norton of Harvard Business School, Daniel Mochon of Yale, and Dan Ariely of Duke, who published the results of three studies in 2011. They described the IKEA effect as "labor alone can be sufficient to induce greater liking for the fruits of one's labor: even constructing a standardized ...
The IKEA Foundation is a Dutch not-for-profit organisation founded in 1982 by Ingvar Kamprad as a means to support advancement in interior design and architecture. In 2009, the Foundation's charter was expanded to benefit vulnerable children. In 2018, the Foundation shifted its focus to supporting the development of sustainable livelihoods and ...
Criticism of IKEA. Global furniture and homeware retailer IKEA has been criticized for various issues, including their raw material sourcing, the size of their stores, the impact of their stores on local communities, legal violations, and unfair or discriminatory business practices, among others.
IKEA also closed its urban small store in New York last December due to low foot fall, but has opened similar locations in London’s Hammersmith area as well as in downtown San Francisco.
Home Depot, IKEA, and Accenture are examples of major companies with innovation labs. The labs are designed to attract the brightest minds in technology, giving them a place to channel their ...
The 2014 novel The Extraordinary Journey of the Fakir Who Got Trapped in an Ikea Wardrobe by French author Romain Puertolas features a trip to an IKEA store in Paris, France. [263] The 2014 horror comedy novel Horrorstör is set in a haunted store called ORSK, modelled on IKEA, and the novel is designed to look like the IKEA catalogue. [264]
IKEA Billy. An IKEA Billy bookshelf. Billy (stylised as BILLY) is a bookcase sold by the Swedish furniture company IKEA. It was developed in 1979 by the Swedish designer Gillis Lundgren, and IKEA have sold over 140 million units of the bookcases worldwide. Its popularity and global spread has led to its use as a barometer of relative worldwide ...
Signature. Feodor Ingvar Kamprad (Swedish: [ˈɪ̌ŋːvar ˈkǎmːprad] ⓘ; 30 March 1926 – 27 January 2018) was a Swedish billionaire business magnate best known for founding IKEA, a multinational retail company specialising in furniture. He lived in Switzerland from 1976 to 2014.