The History of Ikea

Timeline created by Natalied in Business

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Event Date:	Event Title:	Event Description:
01/01/1943	Ikea the mail order company	Ikea started as a compnay that sold small items such as fountin pens, lighter, and bidners, The business was run out of a kitchen and advertised through news letters.
01/01/1948	Addition of furniture	By adding funitue to the news letter it generated imediate sucess.
11/09/1951	The first IKEA catalog is published	IKEA founder sees the opportunity to sell furniture on a larger scale using a catalog. The IKEA catalog that we know today is born.
11/09/1953	Furniture showroom opens in Älmhult, Sweden	This is an important moment in the development of the IKEA concept - for the first time customers can see and touch IKEA home furnishings before ordering them.
11/09/1956	Designing furniture for flat packs and self-assembly	competitors pressure for suppliers to boycott IKEA.
11/09/1958	The first IKEA store opens in Sweden	The first IKEA store in Älmhult has 6,700 square meters of home furnishings! At the time, it is the largest furniture display in Scandinavia.
11/09/1960	The first IKEA restaurant	The first IKEA restaurant opens in the IKEA store in Älmhult, Sweden.
11/09/1963	IKEA arrives in Norway	The first IKEA store outside Sweden opens in Oslo.
11/09/1965	IKEA store opens in Stockholm, Sweden	The store's success leads to the opening of a self-serve warehouse - an important part of the IKEA concept is born.
11/09/1973	Switzerland	Switzerland became one of the first non-Scandinavin market
11/09/1974	Germany	IKEA expands into germany, the largets market for IKEA
11/09/1980	The first environmental policy at IKEA	The IKEA Group develops an environmental policy to ensure that the company and its co-workers take environmental responsibility for all activities conducted within its business.
11/09/1986	New president and CEO	Ingvar Kamprad retires from Group Management to become an advisor to the parent company INGKA Holding B.V. Anders Moberg becomes President and CEO of the IKEA Group.
11/09/1990	the 1990's	1994- year ended in over 4.5 Billion in sales with a net margin of 8.4% worked with over 2,300 Suppliers In 70 Countries with a range of 11,200 products
11/09/1994	Social Wake-Up	Swedish TV documentry showed children in Pakistan working at weaving looms.
01/01/1995	Marianne Barner Delema	After two years with Ikea Marianne is faced a tough decison.