IKEA is a Swedish multinational company that designs and sells ready-to-assemble furniture, kitchen appliances, home accessories and other useful goods. The company was founded in 1943 by Ingvar Kamprad, who at the time was only 17 years old.
The company name, IKEA, is an acronym of Kamprad’s initial (I K) with those of Elmtaryd (the farm where he grew up) and Agunnaryd (his hometown).
The business magnate
Feodor Ingvar Kamprad was born in 1926 and died in 2018. He was one of the most influential was business magnates in Sweden while leading his multinational retail company. Kamprad was born and raised in a small village in Småland in the south of Sweden, but lived in Switzerland for many years.
Most IKEA- stores in the world have a showroom upstairs and a marketplace plus a self-service warehouse downstairs. All stores serve traditional Swedish food and Swedish fika. There is also a Swedish Food Market in which you can buy e. g. Swedish meatballs, lingonberry jam, biscuits, chocolates and pancakes.
Three of the most bought and popular book shelves from IKEA. Photo: ikea.com