COMPANY INFORMATION

Welcome inside our company

A father cooking in the kitchen with his two young sons
We are a values-driven company with a passion for life at home. Every product we create is our idea for making home a better place. At the IKEA Group, we have 303 stores in 26 countries.
Download reports in our Newsroom
COMPANY INFORMATION: Business concept | Sustainable growth | Key figures | Organization
BUSINESS CONCEPT
Vision and business idea
“To create a better everyday life for the many people”, this is the IKEA vision. Our business idea is “to offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them”.
We work hard to achieve quality at affordable prices for our customers through optimizing our entire value chain, by building long-term supplier relationships, investing in highly automated production and producing large volumes. Our vision also goes beyond home furnishing. We want to create a better everyday for all people impacted by our business.
No Youtube Player
Find out how we work at the IKEA Group and learn all about our value chain.
COMPANY INFORMATION: Business concept | Sustainable growth | Key figures | Organization
SUSTAINABLE GROWTH
Investing for the future
The main financial principle of the IKEA Group is to grow by using our own resources. In other words, we earn our money before we spend it. This makes it possible for us to make long-term investments for the future.
The IKEA vision is the foundation for our growth. We want to make sure that IKEA is accessible, so that more people can create a better everyday life at home. We re-invest a majority of our profits in existing and new IKEA stores, as well as in product development, sustainable solutions and by continuously lowering prices to our customers.
A father with his young daughter looking at an IKEA PS 2012 pendant lamp at the IKEA store.
3 growth areas
GROWTH AREAS
A stack of white IKEA PS VÅLLÖ water cans in a cardboard box
Quality products at low prices
To reach many people, our products must be of good quality and affordable. We design with our customers’ needs in mind.

Read about our process in Democratic Design
Two workmen installing solar panels on the roof of an IKEA store
People & Planet Positive
We are working towards having an overall positive impact on both people and the planet while we continue to grow.

Go see more in People & Planet
A photo of a store co-worker organizing curtains at an IKEA store
When people grow, IKEA grows too
Our co-workers are essential for our continued growth. We see every person as a talent with the possibility to develop.

Find out more in Working at the IKEA Group
COMPANY INFORMATION: Business concept | Sustainable growth | Key figures | Organization
A world map with the number of IKEA stores on four continents
KEY FIGURES
IKEA Group at a glance 2013
North America 50 stores
Europe 215 stores
Russia 14 stores
Asia 19 stores
Australia 5 stores
Total sales EUR 27 billion
Stores 303 in 26 countries
Products About 9,500 in the range
Co-workers 135,000
Suppliers 1,046 home furnishing suppliers in 52 countries
Store visits 684 million
Web visits 1.3 billion
Catalogues 212 million printed in 29 languages
IKEA Food $1.4 billion EUR yearly turnover
Production Approximately 60% of our production is in Europe
Growing IKEA
In 2013* we opened five new stores in four countries, and gained market share in most markets. Some of the strongest growth was in Russia and China, and there was also significant progress in North America and Poland.
* Period between September 1, 2012 to August 31, 2013
Columns that illustrate our revenue in euros from 2009-2013
Total revenue in EUR billion 2009-2013. The revenue includes sales of goods and rental income from commercial property.
21.8
23.5
25.2
27.6
28.5
2009
2010
2011
2012
2013
No Youtube Player
Watch our our short Yearly Summary film or download the Yearly Summary PDF for a more detailed overview.
COMPANY INFORMATION: Business concept | Sustainable growth | Key figures | Organization
ORGANIZATION
Our group management
A group photo of the IKEA group managment team (8 people)
From left to right:
Martin Hansson, Retail
Jesper Brodin, IKEA of Sweden
Petra Hesser, Human Resources
Steve Howard, Sustainability
Peter Agnefjäll, President and CEO
Leif Hultman, IKEA Industry
Helen Duphorn, Corporate Communications
Alistair Davidson, Head of Staff
The IKEA Group of companies
The IKEA Group of companies (INGKA Holding B.V. and its controlled entities) has an ownership structure that ensures independence and a long-term approach.
Stichting INGKA Foundation based in the Netherlands is the owner of INGKA Holding B.V. (and The IKEA group) and its funds can only be used in two ways, either reinvested in the IKEA Group or, donated for charitable purposes through the Stichting IKEA Foundation.
The Supervisory Board of Ingka Holding B.V. (located in Leiden, the Netherlands and the parent company of The IKEA Group) consists of Göran Grosskopf (Chairman), Luisa Delgado, Stina Honkamaa Bergfors, Lars-Johan Jarnheimer, Jonas Kamprad, Göran Lindahl, Peter Lund and Carl Wilhelm Ros. Ingvar Kamprad is senior advisor to the Supervisory board.
The IKEA Group is led by President and CEO, Peter Agnefjäll together with the management group. The IKEA Group operates throughout the whole value chain from range strategy and product development to production, distribution and retail. This includes manufacturing units, trading offices, customer distribution centres and 303 stores in 26 countries.
The IKEA Group franchises the IKEA retail system and methods from Inter IKEA Systems B.V. in the Netherlands. Inter IKEA Systems B.V. is the owner of the IKEA Concept and the worldwide IKEA franchisor.
An organizational chart of the IKEA Group
The IKEA Group operates throughout the whole value chain from range strategy and product development to production, distribution and retail.
Ingvar Kamprad in the self-service warehouse of an IKEA store
Ingvar Kamprad, Senior Advisor & Founder
“I decided that the stock market was not an option for IKEA. I knew that only a long-term perspective could secure our growth plans and I didn’t want IKEA to be become dependent on financial institutions.”
IKEA history
How it all began in Canada
1976 – IKEA Richmond opens
1977 – IKEA North York opens
1978 – IKEA Edmonton opens
1979 – IKEA Calgary opens
1979 – IKEA Ottawa opens (in 2011, IKEA Ottawa moves to a larger location)
1982 – IKEA Montreal opens (in 2013, IKEA Montreal expands to become the largest store in North America)
1991 – IKEA Burlington opens location and our National Office moves from Richmond, BC to Burlington Ont.
2001 – IKEA Etobicoke opens (our third Toronto area store)
2002 – IKEA Coquitlam opens (our second store in the Vancouver area).
2003 – IKEA Vaughan opens (our fourth Toronto area store).
2003 – IKEA Boucherville opens (our second Montreal area store).
2004 – IKEA Calgary relocates, building a larger format store to better serve the needs of Calgary customers.
2006 – IKEA celebrates its 30th anniversary in Canada.
2007 - IKEA Canada launches hybrid or green parking
2009 – IKEA Canada becomes of the first Canadian retailer to eliminate the use of plastic bags in all Canadian stores.
2010 - IKEA Canada becomes the first retailer to exclusively own, install and operate rooftop solar power in Ontario
            under the Feed-in-Tariff (FIT) program at three Ontario stores (Vaughan, Etobicoke and North York).
2011 - IKEA Canada becomes the first Canadian retailer to completely phase out incandescent light bulbs
2012 – IKEA Winnipeg opens.
2013 – IKEA Becomes Largest Retail Wind Energy Investor in Canada purchasing a 20-turbine wind farm in Alberta.