June 23, 2017 4:05 PM ET

Specialty Retail

Company Overview of IKEA A/S

Company Overview

IKEA A/S retails furniture, home furnishings, and household goods. The company offers armchairs, bath accessories, bath suites, bean bags, bed linens, beds and bedroom suites, bookcases, boxes, CD storage, ceiling lamps, children's furniture, clocks, coffee tables, cookware, cord management, desk accessories, and dining tables and chairs. The company also provides dinnerware, entertainment units, floor lamps, frames, instruments for children, kitchen organizers, kitchen units, leather sofas, lighting, mattresses, mirrors, office chairs and suites, posters, rugs, sofas and sofa beds, spotlights, stools, table lamps, toy storage, TV cabinets and stands, utility storage, video storage, wall she...

Mårkærvej 15

Taastrup,  2630

Denmark

Founded in 1967

Phone:

45 70 15 09 09

Fax:

45 43 59 09 51

Key Executives for IKEA A/S

IKEA A/S does not have any Key Executives recorded.

IKEA A/S Key Developments

IKEA Announces Opening of New Memphis Store

IKEA announced the opening of its Memphis store opens on December 14, 2016. In addition, the company has announced that it will recognize loyal, enthusiastic customers by giving away thousands of dollars in gift cards and merchandise - including an iconic EKTORP sofa for each of the first 43 adults in line, and a POANG armchair for the next 100. Other highlights include a free mattress for the first 43 adults on December 15, 2016 and free monthly meatball meals for a year to the first 43 on December 16, 2016. Customers may begin lining up at 9 a.m. CST on December 12 - 48 hours before the store's opening at 9 a.m. CST on December 14, 2016. Memphis City Council Chairman Kemp Conrad, Deputy Chief of Mission for the Swedish Embassy Goran Lithell, IKEA US president Lars Petersson and store manager Trisha Bevering will officially open the store.

IKEA Seeks Acquisitions

IKEA A/S is seeking acquisitions. Milen Genchev, Chief Executive Officer of the Russian division of IKEA, said that that Ikea does not rule out changing its strategy in order to acquire existing malls over construction of own outlets on waste land. In particular, Ikea is considering acquiring a mall inside the Moscow Ring Road.

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