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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]
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IKEA (/ aɪ ˈ k iː ə / eye-KEE-ə, Swedish:), is a multinational conglomerate founded in Sweden [6] [7] that designs and sells ready-to-assemble furniture, kitchen appliances, decoration, home accessories, and various other goods and home services.
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They were designed to be three-tiered, stacked on top of each other. When fully assembled, the boxes stood about 9 feet high. Each shelf had a different depth, however, ranging from 13 inches to 5.75 inches deep. The shelves had about ¾ inch on the front where boards could be nailed on for transportation. [13]
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