Inter IKEA Systems B.V.
News and overview for Inter IKEA Systems B.V.
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Company Overview
| Company: | Inter IKEA Systems B.V. |
|---|---|
| Industry: | Home Furnishings & Housewares Retail |
| Website: | http://franchisor.ikea.com |
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.
Key Numbers
| Sales in U.S. Dollars (mil.) | 31,098.301 (2008) |
|---|---|
| One-year % Growth in Sales | 15.1 (2008) |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 127,800 (2008) |
| One-year % Growth in Number of Employees | 8.3 (2008) |
| Fiscal Year-End | August |