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IKEA (/ aɪ ˈ k iː ə / eye-KEE-ə, Swedish:), is a multinational conglomerate founded in Sweden [6] [7] that designs and sells ready-to-assemble furniture, household goods, and various related services.
Country Debut Closure First store location [2] No. of stores Notes Russia 2000 2022 Khimki (near Moscow) : 18 Russia was the fourth market by revenue after Germany, the U.S. and Sweden.
The Foundation was created by Ingvar Kamprad in 1982 to advance "innovation in the field of architectural and interior design." [3] In 2006, The Economist reported that the Stichting INGKA Foundation funded the IKEA Foundation, which did not publish its giving numbers.
Inter IKEA Systems B.V. is a holding company fully owned by Inter IKEA Holding and thus Interogo Foundation. It is the company that legally owns all of the IKEA brand's intellectual property (logo, word, trademarks, etc.).
Encyclopædia Britannica, a printed encyclopedia, and Wikipedia, an online encyclopedia. An encyclopedia [a] is a reference work or compendium providing summaries of knowledge, either general or special, in a particular field or discipline.
The name for Sweden is generally agreed to derive from the Proto-Indo-European root *s(w)e, meaning "one's own", referring to one's own tribe from the tribal period. [16] [17] [18] The native Swedish name, Sverige (a compound of the words Svea and rike, first recorded in the cognate Swēorice in Beowulf), [19] translates as "realm of the Swedes", which excluded the Geats in Götaland.
Global furniture and homeware retailer IKEA has been criticized for various issues, including their raw material sourcing, the size of their stores, the impact of their stores on local communities, legal violations, and unfair or discriminatory business practices, among others.
In April 2007, Forbes Media acquired Investopedia.com for an undisclosed amount. At the time of the acquisition, Investopedia drew about 2.5 million monthly users and provided a financial dictionary with about 5,000 terms regarding personal finance, banking and accounting.
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