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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]
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, household goods, and various related services.
A cupboard is a piece of furniture for enclosing dishware or grocery items that are stored in a home. The term is sometimes also used for any form of cabinet or enclosed bookcase . It gradually evolved from its original meaning: an open-shelved side table for displaying dishware , more specifically plates, cups and saucers.
A larder is a cool area for storing food prior to use. Originally, it was where raw meat was larded—covered in fat—to be preserved. [ 2 ] By the 18th century, the term had expanded: at that point, a dry larder was where bread, pastry, milk, butter, or cooked meats were stored. [ 2 ]