IKEA is a multinational furniture retailer that designs and sells ready-to-assemble home furnishings, appliances and accessories. IKEA Philippines will be the company’s largest location at 65,000 square metres, the equivalent of 150 basketball courts.
IKEA was founded by Swedish teenager Ingvar Kamprad in 1943. What started out as a mail-order sales enterprise has grown to become the world’s largest furniture retailer.
IKEA is an acronym of Kamprad’s initials (Ingvar Kamprad), the name of Kamprad’s family farm (Elmtaryd), and the village of Agunnaryd.
IKEA is known for its modernist designs and eco-friendly manufacturing methods. IKEA products are competitively proved due to the company’s ability to control costs.
The first store opened in 1958 in Älmhult, Småland.
Today there are 433 IKEA locations in 52 countries around the world. The first international IKEA locations opened in Japan in 1974 and in Australia, Canada, Hong Kong and Singapore in 1978.
Its biggest market is Germany, which has 53 locations, followed by the United States, which has 51 locations.
IKEA Philippines is scheduled to open its first location at the Mall of Asia complex in Pasay City in 2021.
IKEA has more than 12,000 products available online, and is one of the world’s largest commercial-product wood users in the retail sector.
IKEA STORE DESIGN & LAYOUT
IKEA buildings are usually coloured blue with yellow accents, the national colours of Sweden.
Most IKEA stores use a one-way layout, where customers follow a counter-clockwise course that customers can follow to see the entire store. Shortcuts are available so that customers can go directly to the desired sections of the store.
Shopping carts and bags are available at the main entrance and along the entire route. Smaller items are available throughout the warehouse, while larger items can be picked up at the self-service furniture warehouse before payment at the register. Some items, such as sofas and other larger furniture and appliances, must be shipped from a central warehouse to the customer’s location.
IKEA products use a special naming system using one word descriptive names. Name tags are attached to larger items which indicate its location in the warehouse so that customers can pick up the packages before checking out.
Most IKEA stores feature “As-Is” areas, near the registers. These “As-Is” areas feature returned or slightly damaged items that are sold at significant discounts.
IKEA RESTAURANTS & FOOD MARKETS
Most IKEA includes restaurants that sell prepared Swedish dishes including meatballs, as well as region specific dishes.
IKEA sells shawarma at its Saudi Arabia locations, poutine in its Canadian locations and gelato at its Italian locations. Food sold at its Israeli stores are kosher.
IKEA sells plant-based meatballs in all of its EU locations.
Most IKEA restaurants serve breakfast, and are open before the store.
Most IKEA locations also sell hot dogs, pizza and soft serve ice cream.
IKEA PLAY AREA
Most IKEA locations have a supervised children’s play area called Småland, where parents can drop off their children while they shop.
IKEA DIY FURNITURE
Most IKEA products are designed to be assembled by customers. This lowers costs, and the savings are passed on to customers.
IKEA products are packed flat, allowing it to be easily transported by customers.
Some of its most popular products are the Poäng armchair, the Billy bookcase and the Klippan sofa, each have sold tens of millions of units since the 1970s.
IKEA SMART HOME
IKEA’s line of smart home accessories include its TRÅDFRI lighting and the SYMFONISK smart speakers in partnership with Sonos.
IKEA FAMILY LOYALTY PROGRAM
The IKEA loyalty program is free to join, with exclusive, limited time discounts available for certain products.
To learn more about the IKEA Family loyalty program, click here.
IKEA PLACE APP
The IKEA Place app is available on the App Store, which customer can use to visualize what furniture can look like in their homes using AR technology.
The IKEA catalogue features all the products available for purchase, and was first printed in 1950. It is now available in 29 different languages in print and digital formats.
IKEA Canada’s 2021 catalogue is available here.
IKEA opened its first location in Canada in Richmond, BC.
IKEA Montreal is one of the largest in North America at 43,636 square metres (469,694 square feet).
IKEA CANADA LOCATIONS
Canada has 14 locations with 31 collection points across the country.
Coquitlam, British Columbia
Richmond, British Columbia
Kelowna Collection Point
Kelowna, British Columbia
Nanaimo Collection Point
Nanaimo, British Columbia
Victoria Collection Point
Saanichton, British Columbia
Bathurst Collection Point
Bathurst, New Brunswick
Fredricton Collection Point
Fredricton, New Brunswick
Moncton Collection Point
Moncton, New Brunswick
Saint John Collection Point
Saint John, New Brunswick
NEWFOUNDLAND AND LABRADOR
St. John’s Collection Point
St. John’s, Newfoundland and Labrador
Dartmouth, Nova Scotia
New Glasgow Collection Point
New Glasgow, Nova Scotia
Sydney Collection Point
Sydney, Nova Scotia
Barrie Collection Point
IKEA North York
North York, Ontario
Kingston Collection Point
Kitchener Collection Point
London Collection Point
Toronto: Abell Street Collection Point
Toronto: Church Street Collection Point
Toronto: Eastern Ave. Collection Point
Toronto: Lakeshore Blvd. W. Collection Point
Toronto: Peter St. Collection Point
Toronto: Queens Quay Collection Point
Toronto: Weston Rd. Collection Point
Toronto: Yonge St. Collection Point
Richmond Hill, Ontario
Windsor Collection Point
PRINCE EDWARD ISLAND
Charlottetown Collection Point
Charlottetown, Prince Edward Island
Drummond Collection Point
IKEA Quebec City
Plateau Mont-Royal Collection Point
Saint-Henri Collection Point
Sherbrooke Collection Point
Trois-Rivières Collection Point
Regina Collection Point
Saskatoon Collection Point
IKEA Philippines will be the company’s largest location at 65,000 square metres (699,654.2 square feet). Previously, the largest store is IKEA Stockholm Kungens Kurva (594,167 square feet).
Located at the SM Mall of Asia Complex, IKEA Philippines will be the size of 150 basketball courts.
IKEA Philippines will have 5 levels which will feature retail space with more than 9,000 products available, as well as warehouse and administrative offices.
When operational, IKEA Philippines will be the Mall of Asia’s biggest tenant.
IKEA will be spending more than CAD$189,318,872.40 (PhP7 billion) to establish its first location in the Philippines, and is expected to hire more than 500 local workers.
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