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In 1943, then-17-year-old Ingvar Kamprad founded IKEA as a mail-order sales business, and began to resell furniture five years later. [23] The first store was opened in Älmhult, Småland, in 1958, under the name Möbel-IKÉA (Möbel means "furniture" in Swedish). The name IKEA is an acronym that stands for Ingvar Kamprad Elmtaryd Agunnaryd.
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The IKEA Lack table in white. The Lack (stylized as LACK) is a table manufactured by IKEA since 1981. [1] Modifications.
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IKEA has 471 stores in 63 countries—but it still looks at each country as a unique market of its own. The Swedish company has local customers, not global ones, and leaves the pricing mandate to ...
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