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IKEA Concept Centre in Delft – the head office of Inter IKEA Systems B.V. which owns the IKEA trademark and concept. The net profit of IKEA Group (which does not include Inter IKEA systems) in fiscal year 2009 (after paying franchise fees to Inter IKEA systems) was €2.538 billion on sales of €21.846 billion. Because INGKA Holding is owned ...
IKEA's nomenclature conventions name upholstered furniture after places in Sweden. The Klippan sofa is named after Klippan Municipality in Southern Sweden. [ 1 ] [ 2 ] Klippan was developed by IKEA's product developer and head of design Lars Engman and designer Noboru Nakamura. [ 3 ]
A loveseat can be one of two styles of two-seat chair. One form – also known as "British two-seaters" [ 1 ] – is essentially synonymous with "two-seat couch ". It typically has two upholstered seats, [ 2 ] is approximately 50" in seating length, [ 3 ] and is typically shorter in length than a settee.
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 ]
Kivik (Swedish pronunciation: [ˈɕǐːvɪk]) [2] is a locality in Simrishamn Municipality, Skåne County, Sweden with 960 inhabitants in 2010. [1] It is in a part of Scania (Skåne) called Österlen. Kivik is known for its annual market, usually taking place on the third Monday through Wednesday of July each year.
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 ...