Ikea

IKEA

By trigger

  • IKEA is Established

  • Period: to

    IKEA

  • Kamprad adds furniture to product line

  • Kamprad publishes his first catalog

  • Kamprad purchases idle factory in Almhult and converts to warehouse

  • Kamprad hires 22 yr. old designer Gillis Lundgren to help with photo shoots for catalog

  • self assembly becomes integral to the IKEA concept

  • IKEA begins to exhibit and sell products at furnishing fairs

    • Established outlets claim IKEA is imitating their designs
    • Retailers pressure furniture manufacturers not to sell to IKEA
    • IKEA is forced to desing many of its products in-house

  • Kamprad finds Polish manufacturor

    • Kamprad finds a manufacturer in Poland to produce IKEA furniture

  • Employee trip to Spain

    • Kamprad bankrolls a weeklong trip to Spain for all 80 employees and their families

  • expanded facility at Almhult becomes first IKEA store

  • more than half of IKEAs products are Polish made goods

  • Allt i Hemmet is published

    Widely read Swedish magazine Allt i Hemmet (everything for the Home) published comparison of IKEA furniture to that sold in traditional Swedish retailers

  • IKEA has store in Norway and opens first store in Stockholm

  • IKEA experiments with self-service pick-up

  • IKEA rapid expansion

    • IKEA becomes largest furniture retailer in Scandinavia with 9 stores
    • Over next 15 yrs. Company expands rapidly over Western Europe

  • North America & Canada expansion

    • Ikea opens 7 stores in North America and Canada between 1976-1982

  • Kamprad succession plan

    Kamprad transferred his interest in IKEA to a Dutch-based charitable foundation

  • IKEA enters U.S.

    • IKEA redesigns many of its products to fit with American needs
    • IKEA begins to source some products from factories in U.S. to reduce both transportation costs and dependency on the value of the dollar

  • Kamprad gives up day to day control of IKEA to Andres Moberg

  • IKEA enters UK

  • IKEA and manufacturors

    IKEA was sourcing some 25%of its good from Eastern European manufacturers

  • IKEA enters China

  • - IKEA enters Russia

  • IKEA enters Japan

  • IKEA in 2008

    • 2008- U.S. becomes IKEA’s second largest market
    •there are 285 IKEA stores in 36 countries and territories
    •IKEA had 1380 suppliers in 54 countries
    • 90% of all products were sources from independent suppliers, 10% produced internally