IKEA | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

IKEA is a multinational conglomerate founded in Sweden in 1943, now headquartered in the Netherlands. The company specializes in...


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IKEA is a multinational conglomerate founded in Sweden in 1943, now headquartered in the Netherlands. The company specializes in designing and selling ready-to-assemble furniture, kitchen appliances, home accessories, and various other goods and services aimed at creating a better everyday life for many people. With a unique value chain that includes product development, design, supply, manufacture, and sales, IKEA operates through a franchise system, uniting over 200,000 co-workers and numerous companies worldwide.

Website
Headquarters
Delft, Zuid-Holland
Size
10,001+ employees
Industry
Retail

🛍️ IKEA Product and Pricing News →

👔 IKEA CEO, Management and Leadership Team →

⚔️ IKEA Alternatives and Competitors →

💼 IKEA Hiring and Layoffs →

🤖 IKEA Developer, Integration and Automation News →

📈 IKEA Financials, Fundraising and Valuation News →

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🛍️ IKEA Product and Pricing News

  • IKEA launched new holiday collections VINTERFINT, VINTERSAGA, and STRÅLA, inspired by Swedish traditions and nature, featuring decorations, traditional treats, and decorative lighting.
  • IKEA celebrated the reopening of its Soroksár store on November 9th with special offers and activities, showcasing a new layout and upgraded digital tools.
  • IKEA reopened its Kyoto store on November 12, 2024, with expanded sales space and a significant increase in product offerings to 600 items.
  • IKEA launched the GLAMBERGET collection featuring multifunctional and compact solutions, including the LINDÅKRA sofa and RESARÖ folding table, to create practical interiors for small spaces.
  • IKEA is paying $6.5 million to East German prisoners who were forced to make their furniture, following an investigation by Ernst & Young and advocacy from victim groups.

  • IKEA opened a pop-up store in Kagoshima on November 13, 2024, offering over 280 items including popular and highly requested products.
  • IKEA won The Drum Awards for PR Retail with a campaign by Hope & Glory that humorously compared its affordable Vinarn towels to Balenciaga's expensive 'Towel Skirt', achieving over 50 million views on TikTok.
  • IKEA plans to open a new 108,875 square foot store in Rockwall, Texas, near Dallas in late 2025, featuring local-inspired room settings and a Swedish Deli.

👔 IKEA CEO, Management and Leadership Team


⚔️ IKEA Alternatives and Competitors

  • Wayfair
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  • Target
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  • Walmart
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  • Ashley Furniture
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  • Crate & Barrel
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  • Pottery Barn
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  • Overstock
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  • Cost Plus World Market
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  • Amazon
  • |
  • Home Depot
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  • Restoration Hardware
  • |
  • Sears
  • |
  • Tesco
  • |
  • American Woodmark
  • |
  • Pepperfry

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💼 IKEA Hiring and Layoffs

  • Anna Maria Pawlak Kuliga has left IKEA as the Global CFO IKEA Retail in the United Kingdom to become the President International at Avis Budget Group.
  • IKEA is currently hiring for the position of Interior Design Group Leader in Turkey.
  • Heléne Davidsson has left IKEA as the Head of Sustainability IKEA Retail Concept in Sweden to join Ballingslöv International AB as the Chief Sustainability Officer Group Director.


🤖 IKEA Developer, Integration and Automation News

  • IKEA collaborated with Open Kennedy to set up a Christmas tree decorated with STRÅLA stars and FAMNIG HJÄRTA at their location, inviting families to explore the new VINTERFINT collection.


📈 IKEA Financials, Fundraising and Valuation News

  • IKEA Deutschland achieved a total revenue of 6.161 billion euros in 2024, marking its second-strongest result ever, with significant growth in online sales and sustainability efforts.


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