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A $1 storage bin, a $10 desk—you name it, IKEA has it for a low, low price. And while some of the brand's more popular pieces can be on the pricier side, nothing compares to the IKEA vintage market.
Notable items of IKEA furniture include the Poäng armchair, the Billy bookcase and the Klippan sofa, all of which have sold by the tens of millions since the late 1970s and early 1980s. [90] [91] The IKEA and LEGO brands teamed up to create a range of simple storage solutions for children and adults. [92]
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.
Ikea took the unlikely approach of cutting prices as costs were rising. Now, Trump's tariffs could open up a whole new can of worms for the retailer. Ikea profits down nearly 50% as fears of Trump ...
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