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The cost to IKEA of the incident was estimated to be between $6 and $7 million. [7] In 1999, IKEA replaced the lacquer coating on the white bookcase with melamine foil. [1] In 2009 Bloomberg instigated a "Billy bookcase index", as an alternative to the Big Mac index, to compare relative price levels in different countries around the world. [8] [9]
IKEA is owned and operated by a series of not-for-profit and for-profit corporations collectively known and managed as Inter IKEA Group and Ingka Group. [8] The IKEA brand itself is owned and managed by Inter IKEA Systems B.V. , a company incorporated and headquartered in the Netherlands .
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On the basis of a 2007 online poll, the U.S. National Education Association listed it as one of its "Teachers' Top 100 Books for Children". [28] In 2012, it was ranked number five among all-time children's novels in a survey published by School Library Journal, a monthly with a primarily U.S. readership. [29]
This included Highlights Champs, for children ages 6 to 12, and Highlights Genies, for children ages 2 to 6. [3] By October, international versions of Highlights and High Five were made available in Australia, South Africa, Taiwan, and Chile. [20] In January 2018, the company merged its Staff Development for Educators and Stenhouse operations. [21]
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