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The first IKEA in the U.S. was built on an outparcel space belonging to Plymouth Meeting Mall in the Philadelphia suburb of Plymouth Meeting, Pennsylvania; this store moved to Conshohocken, Pennsylvania in 2003, where IKEA's US headquarters is also based. In 1992, IKEA acquired the California-based STØR chain, adding three of that chain's four ...
IKEA further expanded in the 1980s, opening stores in countries such as France and Spain (1981), Belgium (1984), [28] the United States (1985), [29] the United Kingdom (1987), [30] and Italy (1989). [31] [27] Germany and the United States, with 55 stores (three in Puerto Rico in latter) each, are the company's biggest markets.
The group's Ingka Centres division has developed several shopping centres in which IKEA is the anchor tenant, including the MEGA malls in Russia. Beginning in 2020, the division has acquired existing complexes which will be renovated to include urban IKEA locations, including Kings Mall in London, 6x6 in San Francisco, and the retail podium of the Aura condominium towers in Toronto.
Inter IKEA Systems B.V. is a holding company fully owned by Inter IKEA Holding and thus Interogo Foundation. It is the company that legally owns all of the IKEA brand's intellectual property (logo, word, trademarks, etc.). [14] Inter IKEA Systems is the IKEA franchisor. The company releases guides and manuals of various parts of the IKEA brand.
The company was founded in 2016 after the Interogo Foundation split its non–IKEA-related companies from its IKEA-related companies (Inter IKEA Holding) into Interogo Holding A.G. These primarily include property and financial investments. [1]
Bell Atlantic - after merger with NYNEX, headquarters moved from Philadelphia to New York City; a significant workforce remains in the area Breyers - acquired by Kraft Foods and then by Unilever Jones Apparel Group - moved to New York City
The foundation owns the private Dutch company INGKA Holding, based in Leiden, which is the holding company that controls 372 of the 432 outlets of IKEA. [6]In an explanation of IKEA's complex corporate structure, Ingvar Kamprad stated to the authors of a Swedish documentary that tax efficiency was "a natural part of the company's low-cost culture". [2]
Toys "R" Us Kid's World, a prototype store also opened which included 100,000 sq ft (9,300 m 2). of space, including Toys "R" Us, Kids "R" Us, Babies "R" Us, the Warner Bros. store, Kids Foot Locker, a photo studio, children's hair salon, play area, candy store and Pizza Hut. The IKEA store was renovated and expanded in 1998.