Ikea
IKEA is a multinational group, headquartered in the Netherlands, that designs and sells ready-to-assemble furniture, kitchen appliances and home accessories. It has been the world’s largest furniture retailer since at least 2008. It was founded in Sweden in 1943 by then-17-year-old Ingvar Kamprad, who was listed by Forbes Magazine in 2015 as one of the ten richest people in the world, worth more than 40 billion dollars.
As of August 2017, IKEA owns and operates 400 stores in 49 countries. In fiscal year 2016, €36.4 billion worth of goods were sold, a total that represented a 7.6 percent increase over 2015. The IKEA website contains about 12,000 products and is the closest representation of the entire IKEA range. There were over 2.1 billion visitors to IKEA’s websites in the year from September 2015 to August 2016. The company is responsible for approximately 1% of world commercial-product wood consumption, making it one of the largest users of wood in the retail sector.
Most of Ikea’s stores and factories are owned by INGKA , a holding company that in turn is controlled by the Stichting INGKA Foundation, one of the 40 wealthiest foundations in the world
Ikea
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