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FSP Retailer Profiles
               IKEA
FSP Retailer Profiles - IKEA
                                                                       About Established in Sweden in 1943, IKEA a home products retailer
                                                                       specialising in flat pack furniture, accessories, bathrooms and kitchens.
                                                                       Ikea is a private limited company owned by a foundation controlled by the Kamprad
                                                                       family. INGKA Holding B.V. (also owned by the foundation) is the parent of all IKEA
                                                                       Group companies, including the IKEA furniture manufacturer Sedwood and the
                                                                       purchasing and supply functions of the chain.
                                                                       There are 18 IKEA stores in the UK, all large, multi-levelled and predominantly in
                                                                       out-of-town areas. Ikea trades internationally, with over 300 stores in 38 countries
 Recent News                                                           worldwide.

 •     14/01/2011- Strong Financial Growth - Sales Up

 •
       by 7.7%
       14/12/2010 - Ikea crowned "retailer of the
                                                                          History
       year", Europe                                                      • 1920s’ - Ingvar Kamprad started off
                                                                            selling matches, flower seed,
 •     02/12/2010 - IKEA flagship in UAE set for
       February 2011 opening                                                greetings cards, decorations and                              IKEA Trading Countries
 •     12/11/2010 - Ikea slashes prices in chase for                        stationary to his neighbours                                   Europe, North America, Middle East, Asia/ Pacific & Caribbean
       market share                                                       • 1940s’ - 50s’ - Ingvar develops IKEA                          (For more details please click here)
 •     01/10/2010 - Ikea breaks with history to reveal                      into a furniture retailer
       annual results                                                     • 1960s’ - 70s’ – IKEA starts to
 •     09/09/2010 - Expansion in Reading
                                                                            become the IKEA we know today
 •     16/07/2010 - Ikea acquires site for flat-pack
       housing                                                            • 1980s’ – IKEA expands into the US,
 •     01/02/2010 - Ikea's UK profits shrink                                Italy, France and the UK
                                                                          • 1990s’ - Children's IKEA is launched
                                                                            along with the IKEA group.
Year               BIS Guide
                                                                          • 2000s’ - IKEA expands into even
2002              Very strong
                                                                            more markets such as Japan and
2003              Very strong
                                                                            Russia. This period also sees the
2004              Very strong
                                                                            successes of several partnerships
2005              Very strong
                                                                            regarding social and environmental
2006              Healthy
2007              Healthy
                                                                            projects.
2008              Healthy
2009              Fairly healthy


        ©FSP 2010. BIS © Department for Business Innovation and Skills.
2       The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
FSP Retailer Profiles - IKEA


    IKEA Sales                                                                                                     IKEA Financial Health
                                                  IKEA                                                                                                               P2
                                                                                                                          280
               1400000
                                                                                                                          260
               1200000
                                                                                                                          240
               1000000                                                                                                    220
    Millions




                800000                                                                                                    200




                                                                                                                     P2
                600000                                                             Sales_Exc_Vat                          180
                400000                                                                                                    160                                                                              P2
                                                                                   UK_Sales_Exc_Vat
                200000                                                                                                    140
                     0                                                                                                    120
                                                                                                                          100
                                                                                                                                   2002     2003      2004      2005     2006      2007     2008    2009
                                              Year                                                                                                                   Year




          ©FSP 2010. BIS © Department for Business Innovation and Skills.
3         The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
FSP • 19 Manor Courtyard
                                            • Hughenden Avenue
                                      High Wycombe • HP13 5RE • UK
                                           T +44 (0) 1494 474740
                                           F +44 (0) 1494 474262
                                           E fspretail@fspretail.co.uk
                                   W www.fspretail.co.uk & www.snap-shop.co.uk




Fripp Sandeman and Partners Limited, trading as FSP
G Nicholson (Managing Director) J H Fell J Hewson K Gunn
Registered Number 1284879
Registered Office 19 Manor Courtyard Hughenden Avenue High
Wycombe Buckinghamshire HP13 5RE

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Company profile ikea

  • 2. FSP Retailer Profiles - IKEA About Established in Sweden in 1943, IKEA a home products retailer specialising in flat pack furniture, accessories, bathrooms and kitchens. Ikea is a private limited company owned by a foundation controlled by the Kamprad family. INGKA Holding B.V. (also owned by the foundation) is the parent of all IKEA Group companies, including the IKEA furniture manufacturer Sedwood and the purchasing and supply functions of the chain. There are 18 IKEA stores in the UK, all large, multi-levelled and predominantly in out-of-town areas. Ikea trades internationally, with over 300 stores in 38 countries Recent News worldwide. • 14/01/2011- Strong Financial Growth - Sales Up • by 7.7% 14/12/2010 - Ikea crowned "retailer of the History year", Europe • 1920s’ - Ingvar Kamprad started off selling matches, flower seed, • 02/12/2010 - IKEA flagship in UAE set for February 2011 opening greetings cards, decorations and IKEA Trading Countries • 12/11/2010 - Ikea slashes prices in chase for stationary to his neighbours Europe, North America, Middle East, Asia/ Pacific & Caribbean market share • 1940s’ - 50s’ - Ingvar develops IKEA (For more details please click here) • 01/10/2010 - Ikea breaks with history to reveal into a furniture retailer annual results • 1960s’ - 70s’ – IKEA starts to • 09/09/2010 - Expansion in Reading become the IKEA we know today • 16/07/2010 - Ikea acquires site for flat-pack housing • 1980s’ – IKEA expands into the US, • 01/02/2010 - Ikea's UK profits shrink Italy, France and the UK • 1990s’ - Children's IKEA is launched along with the IKEA group. Year BIS Guide • 2000s’ - IKEA expands into even 2002 Very strong more markets such as Japan and 2003 Very strong Russia. This period also sees the 2004 Very strong successes of several partnerships 2005 Very strong regarding social and environmental 2006 Healthy 2007 Healthy projects. 2008 Healthy 2009 Fairly healthy ©FSP 2010. BIS © Department for Business Innovation and Skills. 2 The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
  • 3. FSP Retailer Profiles - IKEA IKEA Sales IKEA Financial Health IKEA P2 280 1400000 260 1200000 240 1000000 220 Millions 800000 200 P2 600000 Sales_Exc_Vat 180 400000 160 P2 UK_Sales_Exc_Vat 200000 140 0 120 100 2002 2003 2004 2005 2006 2007 2008 2009 Year Year ©FSP 2010. BIS © Department for Business Innovation and Skills. 3 The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
  • 4. FSP • 19 Manor Courtyard • Hughenden Avenue High Wycombe • HP13 5RE • UK T +44 (0) 1494 474740 F +44 (0) 1494 474262 E fspretail@fspretail.co.uk W www.fspretail.co.uk & www.snap-shop.co.uk Fripp Sandeman and Partners Limited, trading as FSP G Nicholson (Managing Director) J H Fell J Hewson K Gunn Registered Number 1284879 Registered Office 19 Manor Courtyard Hughenden Avenue High Wycombe Buckinghamshire HP13 5RE