IKEA Now In Bangalore!!

History of IKEA

IKEA is a home furnishings retailer that was the world's largest seller of furniture in the early twenty-first century, with over 300 stores worldwide. IKEA specialises in low-cost items that are sold in compact "flat-pack" form for in-home assembly by the customer.

IKEA Establishment 

IKEA was first founded in Sweden in 1943 and proudly displays its Swedish roots. The exteriors of the stores are decorated in the colours of the Swedish flag, in-store restaurants serve Swedish food, and the company's products bear Swedish names. The headquarters is situated in the Netherlands.Ingvar Kamprad, whose paternal grandparents were German-speaking immigrants to the southern Swedish province of Smaland, was an early trader. At the age of 17, he founded the company, combining his initials and the initial letters of his family's farm (Elmtaryd) and his home village (Agunnaryd). Initially, he sold various small items such as pens and lighters. He began selling furniture in 1948 and published the first annual IKEA catalog in 1951. In 1953, he opened a showroom in the town of lmhult where customers could look at display systems and make purchases. In 1958, the first retail store opened in lmhult.

IKEA is not a publicly-traded company. It is instead managed by a collection of operating companies, holding companies, and nonprofit foundations. The complicated corporate structure was developed in part in response to Sweden's high taxation.

22nd June, the IKEA store will open in Bengaluru.

Jester Brodin, CEO of Ingka Group, has invited Karnataka Chief Minister Basavaraj Bommai to the event to inaugurate the IKEA store in Bengaluru.

The company announced Tuesday that IKEA's Bengaluru store in Nagasandra will open on June 22. After Mumbai and Hyderabad, this will be IKEA's third store in India. The company stated that the 4.6 lakh square foot store will have "over 7,000 affordable, great quality, sustainable, and well-designed home furnishing IKEA products along with inspiring home sets to infuse innovative ideas to embellish your home."

The store, which is linked to the Nagasandra metro station, will "endorse a faster and more comfortable commute, making the store accessible" to many individuals, according to the company. To have a "wholesome shopping experience," IKEA said the store will offer remote planning, personal shoppers, and click and collect. It will also house one of the largest children's play areas, 'Smland,' as well as a 1,000-seater restaurant and a bistro serving a mix of Swedish and Indian delicacies. Anie Heim, the marketing manager for the Karnataka market, stated, "IKEA aims to offer home furnishing solutions that match the aspirations and dreams of the many people of Bengaluru for a better everyday life."

They recently met on the sidelines of the World Economic Forum in Davos. IKEA's India headquarters are in Bengaluru, and during their conference, they discussed the extensive use of bamboo and other locally available raw materials in the manufacture of furniture. IKEA began its e-commerce journey in Bengaluru in 2021 with a website and app. Ikea Bangalore team has discussed the extensive use of bamboo and other locally available raw materials in the manufacture of furniture. It added that the IKEA-Bengaluru store expects 70 lakh customers per year.

After all of the excitement surrounding this international home decor, we can finally breathe a sigh of relief! With a five-year plan to expand and reach millions, this sprawling store has broken records, including the highest amount of in-store food consumed. IKEA, true to its Scandinavian roots, prioritises functionality and efficiency over appearance and aesthetics. Customers have developed a strong affinity for their value for money home decor products and furniture, which is not only useful but also comfortable. So mark your calendars and let the countdown begin.