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Industry Center - Home Furnishing Stores
Industry Center > Home Furnishing Stores > Inter IKEA Systems B.V. Company Profile
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Inter IKEA Systems B.V. Company Profile
How Swede it is. One of the world's top furniture retailers, IKEA sells Scandinavian-style home furnishings and other housewares in about 295 stores in some 40 countries. To cut transportation costs, IKEA uses flat packaging; customers assemble the products at home. The company designs its own furniture, which is made by nearly 1,400 suppliers in more than 50 countries. IKEA's stores feature playrooms for children and Swedish cuisine restaurants. It also sells by mail order and online. An acronym for founder Ingvar Kamprad and his boyhood home, Elmtaryd, Agunnaryd, IKEA began operating in Sweden in 1943. It is owned by Kamprad's Netherlands-based charitable foundation, Stichting Ingka.
Contact Information
Address: Olof Palmestraat 1
2616 Delft, The Netherlands
Phone:+31-15-215-0750
Fax:+31-15-219-0533
Financial Highlights
Fiscal Year End:August
Revenue (2008):31098.30 M
Revenue Growth (1 yr):15.10%
Employees (2008):127,800
Employee Growth (1 yr):8.30%
Key People
Chairman and CEO: Thomas Bergström
CFO: Sören Hansen
Group Social and Environmental Manager: Thomas Bergmark
Industry Information
Sector: Services
Industry: Home Furnishing Stores
Top Competitors
Ashley Furniture Industries, Inc.
Galiform plc
Wal-Mart Stores, Inc. (wmt)
 


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