The document summarizes the history and success of IKEA. It describes how IKEA was founded in Sweden in 1943 by Ingvar Kamprad. Kamprad searched for a profitable business and started selling inexpensive furniture that was affordable for everyone. IKEA grew to become the largest furniture retailer in the world, with over 300 stores in 40 countries by 2015. The document attributes IKEA's success to offering well-designed, functional home products at low prices by selling furniture flat-packed and having customers assemble it themselves.