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A typical 5 mm shelf stud may measure 15-16 mm long, and has a thin flange of about 7 mm diameter halfway at its length. Distance of the front row of holes to the front edge: 37 mm; The system includes matching fittings, with which furniture sides can be secured to floors, walls, and adjacent cabinets.
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. Because INGKA Holding is owned by the non-profit INGKA Foundation, none of this profit is taxed.
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 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]
Creating a mass market for furniture, the distinguished London cabinet maker Thomas Chippendale's The Gentleman and Cabinet Maker's Director (1754) is regarded as the "first comprehensive trade catalogue of its kind". [53]
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