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Company profile  ikea
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Company profile ikea

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FSP's retail database provide an insight into a company with information relating to the company's history, finances, locations and published news.

FSP's retail database provide an insight into a company with information relating to the company's history, finances, locations and published news.

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  • 1. FSP Retailer Profiles IKEA
  • 2. FSP Retailer Profiles - IKEA About Established in Sweden in 1943, IKEA a home products retailer specialising in flat pack furniture, accessories, bathrooms and kitchens. Ikea is a private limited company owned by a foundation controlled by the Kamprad family. INGKA Holding B.V. (also owned by the foundation) is the parent of all IKEA Group companies, including the IKEA furniture manufacturer Sedwood and the purchasing and supply functions of the chain. There are 18 IKEA stores in the UK, all large, multi-levelled and predominantly in out-of-town areas. Ikea trades internationally, with over 300 stores in 38 countries Recent News worldwide. • 14/01/2011- Strong Financial Growth - Sales Up • by 7.7% 14/12/2010 - Ikea crowned "retailer of the History year", Europe • 1920s’ - Ingvar Kamprad started off selling matches, flower seed, • 02/12/2010 - IKEA flagship in UAE set for February 2011 opening greetings cards, decorations and IKEA Trading Countries • 12/11/2010 - Ikea slashes prices in chase for stationary to his neighbours Europe, North America, Middle East, Asia/ Pacific & Caribbean market share • 1940s’ - 50s’ - Ingvar develops IKEA (For more details please click here) • 01/10/2010 - Ikea breaks with history to reveal into a furniture retailer annual results • 1960s’ - 70s’ – IKEA starts to • 09/09/2010 - Expansion in Reading become the IKEA we know today • 16/07/2010 - Ikea acquires site for flat-pack housing • 1980s’ – IKEA expands into the US, • 01/02/2010 - Ikeas UK profits shrink Italy, France and the UK • 1990s’ - Childrens IKEA is launched along with the IKEA group.Year BIS Guide • 2000s’ - IKEA expands into even2002 Very strong more markets such as Japan and2003 Very strong Russia. This period also sees the2004 Very strong successes of several partnerships2005 Very strong regarding social and environmental2006 Healthy2007 Healthy projects.2008 Healthy2009 Fairly healthy ©FSP 2010. BIS © Department for Business Innovation and Skills.2 The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
  • 3. FSP Retailer Profiles - IKEA IKEA Sales IKEA Financial Health IKEA P2 280 1400000 260 1200000 240 1000000 220 Millions 800000 200 P2 600000 Sales_Exc_Vat 180 400000 160 P2 UK_Sales_Exc_Vat 200000 140 0 120 100 2002 2003 2004 2005 2006 2007 2008 2009 Year Year ©FSP 2010. BIS © Department for Business Innovation and Skills.3 The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
  • 4. FSP • 19 Manor Courtyard • Hughenden Avenue High Wycombe • HP13 5RE • UK T +44 (0) 1494 474740 F +44 (0) 1494 474262 E fspretail@fspretail.co.uk W www.fspretail.co.uk & www.snap-shop.co.ukFripp Sandeman and Partners Limited, trading as FSPG Nicholson (Managing Director) J H Fell J Hewson K GunnRegistered Number 1284879Registered Office 19 Manor Courtyard Hughenden Avenue HighWycombe Buckinghamshire HP13 5RE

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