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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.
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 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 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.
A dining room. A dining room is a room for consuming food. In modern times it is usually next to the kitchen for convenience in serving, though in medieval times it was often on an entirely different floor level. Historically the dining room is furnished with a rather large dining table and several dining chairs. The most common shape is ...
Spreitenbach [8] 10 First IKEA outside Scandinavia. 5 Japan: 1974 Nagoya: 13 First IKEA outside of Europe. IKEA withdrew from the market in 1987 because of stagnant sales, [9] then returned in 2006 by opening a store in Funabashi, Chiba under a distribution partnership with the Mitsubishi Corporation. [10] [11] 6 Germany: 1974 Eching [12] (near ...