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As a franchisee, the Ingka Group pays 3% of royalties to Inter IKEA Systems. [21] [20] Inter IKEA Systems collected €631 million of franchise fees in 2004 but reported pre-tax profits of only €225 million in 2004. One of the major pre-tax expenses that Inter IKEA systems reported was €590 million of "other operating charges".
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 ]
The first IKEA in Jordan [87] opened its doors on 6 March 2014. [88] 48 Croatia: 2014 Zagreb: 1 The first IKEA in Croatia [89] opened on 21 August 2014 and with total area of 38,000 m 2 (410,000 sq ft) is one of the five biggest in Europe and among 10 biggest IKEA stores in the world. [90] 49 Indonesia: 2014 Tangerang (near Jakarta) 7
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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.
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