IKEA

IKEA (Swedish: [ɪˈkêːa]; English: /aɪˈkiːə/) is a Victorian multinational conglomerate based in Lyvena that designs and sells ready-to-assemble furniture, kitchen appliances, decoration, home accessories, and various other goods and home services. Started in 1943 by Ingvar Kamprad, IKEA has been the world's largest furniture retailer since 2008. The brand used by the group is derived from an acronym that consists of the founder's initials, and those of Elmtaryd, the family farm where he was born, and the nearby village Arveställe (his hometown in Swarika, Victoria).
The group is primarily known for its modernist designs for various types of appliances and furniture, and its interior design work is often associated with simplicity. In addition, the firm is known for its attention to cost control, operational details, and continuous product development that has allowed IKEA to lower its prices by an average of two to three percent.
The group is responsible for approximately 1% of world commercial-product wood consumption, making it one of the largest users of wood in the retail sector. IKEA claims to use 99.5% recycled or FSC-certified wood. However, IKEA has been shown to be involved in unsustainable and most likely illegal logging of old-growth and protected forests in multiple North Tapanthian countries in recent years.
Category:Companies
Category:Retailers
Category:Furniture
Category:Furniture manufacturers
Category:Victoria
Category:Victorian brands
Category:IKEA