Definitions for IKEA
ikea

WiktionaryRate this definition:1.0 / 1 vote

1. IKEAnoun

   An international, originally Swedish home products retailer that sells modern, utilitarian design furniture, much of which is assembled by the consumer.

2. Etymology: The initials of the Swedish founder's name, Ingvar Kamprad, of his home village Elmtaryd (now spelled Älmtaryd), and of the nearby village Agunnaryd

WikipediaRate this definition:0.0 / 0 votes

1. IKEA

   IKEA (Swedish: [ɪˈkêːa]; US: ) is a Swedish multinational conglomerate based in the Netherlands that designs and sells ready-to-assemble furniture, kitchen appliances, decoration, home accessories, and various other goods and home services. Started in 1943 by Ingvar Kamprad, IKEA has been the world's largest furniture retailer since 2008. The brand used by the group is derived from an acronym that consists of the founder's initials, and those of Elmtaryd, the family farm where he was born, and the nearby village Agunnaryd (his hometown in Småland, southern Sweden).The group is primarily known for its modernist designs for various types of appliances and furniture, and its interior design work is often associated with simplicity. In addition, the firm is known for its attention to cost control, operational details, and continuous product development that has allowed IKEA to lower its prices by an average of two to three percent. As of March 2021, there are 422 IKEA stores operating in 50 countries and in fiscal year 2018, €38.8 billion (US$44.6 billion) worth of IKEA goods were sold. For multiple reasons, including lowering taxes payable, IKEA uses a complicated corporate structure. Within this structure, all IKEA stores are operated under franchise from Inter IKEA Systems B.V. which handles branding, design, manufacturing, and supply. Another part of the IKEA group, Ingka Group, operates the majority of IKEA stores as a franchisee and pays royalties to Inter IKEA Systems B.V. Some IKEA stores are also operated by independent franchisees.The IKEA website contains about 12,000 products and there were over 2.1 billion visitors to IKEA's websites in the year from September 2015 to August 2016.The group is responsible for approximately 1% of world commercial-product wood consumption, making it one of the largest users of wood in the retail sector. IKEA claims to use 99.5% recycled or FSC-certified wood. However, IKEA has been shown to be involved in unsustainable and most likely illegal logging of old-growth and protected forests in multiple Eastern European countries in recent years.

WikidataRate this definition:5.0 / 1 vote

1. IKEA

   IKEA is a privately held, Dutch company with Swedish origins, that designs and sells ready-to-assemble furniture, appliances, and home accessories. The company is the world's largest furniture retailer. Founded in Sweden in 1943 by 17-year-old Ingvar Kamprad, who later became one of the richest people in the world, the company's name is an acronym comprising the initials of Ingvar Kamprad, Elmtaryd and Agunnaryd. The company is known for its modern architectural designs on various types of appliances and furniture, often associated with a simplified eco-friendly interior design. In addition, the firm is known for the attention it gives to cost control, operational details and continuous product development, allowing it to lower its prices by an average of two to three percent over the decade to 2010, while continuing its global expansion. As of October 2011, IKEA has 332 stores in 38 countries. In fiscal year 2010, it sold $23.1 billion worth of goods, a 7.7 percent increase over 2009. On February 17, 2011, IKEA announced its plans for a wind farm in Dalarna County, Sweden, furthering the furniture giant's goal of running on 100 percent renewable energy. In mid-August 2012, the company announced that it will be establishing a chain of 100 economy hotels in Europe but, unlike its few existing hotels in Scandinavia, they will not carry the Ikea name nor will they use Ikea furniture and furnishings – they will be operated by an unnamed international group of hoteliers.

Suggested ResourcesRate this definition:0.0 / 0 votes

1. IKEA

   What does IKEA stand for? -- Explore the various meanings for the IKEA acronym on the Abbreviations.com website.

How to pronounce IKEA?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say IKEA in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of IKEA in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of IKEA in Pythagorean Numerology is: 8

Examples of IKEA in a Sentence

1. Yves Galimidi:

   Some people from IKEA are a little bit afraid.

2. Suh Yong-gu:

   Korea has a population structure that fits IKEA's basic growth DNA - demand from design-conscious one-person and two-people households.

3. Lead Pastor James Ludlow:

   We love drive-in movies, frozen yogurt, dates to IKEA and trips to the beach. we are stunned ! Shocked ! Wounded, broken and dismayed. But we know one thing for sure... they are in glory in the loving arms of our King Jesus !

4. Neil Saunders:

   IKEA is very conscious that they have to make more effort to be where people want them to be, the old big store model was very' build it and they will come.' But that no longer applies.

5. Mia Tretta:

   If you can put together an IKEA dresser, you can build a ghost gun, unfortunately, it is that easy to get a weapon that has not only changed my life but has done the same thing to thousands of others. Finalizing this rule is a critical step to making sure no one else has to go through what my family has had to go through.

Popularity rank by frequency of use

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Ikea
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Ikea
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=IKEA