How Ikea rewrote the rules with inflation-defying prices and one of the world’s most popular books

Quick Summary:

Whether with €1 bulbs or 85 pence hot dogs, Ikea's knack for going against the grain has kept it in business for 82 years.What comes next?

An advertising, displaying a page of Swedish furniture designer Ikea's catalog in 1951, hangs of the wall of in a contemporary modern art museum in Stockholm on June 18, 2009, hosting for the first time an exhibition about the famous Scandinavian furniture creator.

When asked what a world without Ikea would look like, van der Poel, visibly stumped, took a few seconds before he found his words.“It would be a world without a company that authentically aspires to make a positive difference, both in people's lives at home, but also in the way we try to conduct our business,” he said.

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Article Details

Author / Journalist: Prarthana Prakash

Category: EconomyBusiness

Markets: United States

Topics: Sweden Editor's Picks Ingka Group Furniture Fortune 500 Europe Featured IKEA

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 05:07:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 2827 words

Reading Time: 16 minutes read

Sentences: 4 lines

Sentence Length: 707 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28294120

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Official Website: fortune.com

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