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IKEA Concept Centre in Delft – the head office of Inter IKEA Systems B.V. which owns the IKEA trademark and concept The net profit of IKEA Group (which does not include Inter IKEA systems) in fiscal year 2009 (after paying franchise fees to Inter IKEA systems) was €2.538 billion on sales of €21.846 billion.
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.). [14] Inter IKEA Systems is the IKEA franchisor. The company releases guides and manuals of various parts of the IKEA brand.
IKEA returned after 25 years and officially opened its first store on August 10, 2017. [45] It was followed in 2022 by a 40,000 square metres (430,000 square feet) retail park in Belgrade, in addition to its store in Bubanj Potok. IKEA plans a second store in the Niš. [46] In Belgrade is the regional office for former Yugoslavia and Romania. 26
Ready-to-assemble furniture has roots that extend back a long way, as cabinetmakers have been making furniture that is easy to disassemble for transport for centuries. The New American Cyclopaedia of 1859 listed the assembly of furniture as an "American invention" [ 2 ] that emphasized ease of transport, but this claim is rather vague.
The French branch of IKEA went on trial on 22 March 2021, for running an elaborate system to spy on staff members and job applicants by illegally using private detectives and police officers. [17] On 15 June 2021, IKEA France was found guilty of spying and ordered to pay €1.1m in fines and damages for these illegal practices.
The group's Ingka Centres division has developed several shopping centres in which IKEA is the anchor tenant, including the MEGA malls in Russia. Beginning in 2020, the division has acquired existing complexes which will be renovated to include urban IKEA locations, including Kings Mall in London, 6x6 in San Francisco, and the retail podium of the Aura condominium towers in Toronto.
The IKEA effect is a cognitive bias in which consumers place a disproportionately high value on products they partially created. The name refers to Swedish manufacturer and furniture retailer IKEA, which sells many items of furniture that require assembly.
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