The story of IKEA began in 1943 in the small village of Agunnaryd, Sweden, when Ingvar Kamprad, the founder, was just 17. Since then, the IKEA Group has grown into a global retail brand with 127,000 co-workers in 41 countries generating annual sales of more than 23.1 billion EURO.
Yearly Summary FY 2010
The Yearly Summary describes the most important developments and financial facts of the IKEA Group in FY 2010. It is written for our co-workers, our suppliers and other stakeholders who are interested in learning more about IKEA.
As of August 2010, there are IKEA stores in more than 38 countries, with 280 stores in 26 countries belonging to the IKEA Group. All IKEA stores are operated under franchise from Inter IKEA Systems B.V.