Trademark used for retail of furniture, appliances, and home furnishings that you can build
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IKEA is a multinational group of Swedish origin headquarted in Delft, Netherlands, that designs and sells ready-to-assemble furniture, kitchen appliances and home accessories, among other useful goods and occasionally home services. Founded in Sweden in 1943 by 17-year-old Ingvar Kamprad, IKEA has been the world's largest furniture retailer since 2008. According to the Bloomberg Billionaires Index, as of January 2018, Kamprad was the eighth richest person in the world, with an estimated net worth of US$58.7 billion. The company's name is an acronym that consists of the founder's initials, and those of Elmtaryd, the family farm where he was born, and the nearby village Agunnaryd.
IKEA gets sales boost amid lockdowns
Credit: Reuters Studio Duration: 01:31Published
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