June 23, 2018 5:01 AM ET

Specialty Retail

Company Overview of IKEA Canada Limited Partnership

Company Overview

IKEA Canada Limited Partnership provides home furnishing retail services. Its products include storage furniture, TV solutions, small storage, sofas, and armchairs. The company was founded in 1943 and is based in Burlington, Canada with additional offices in Whitby and London, Canada and a distribution centre in Mississauga, Canada. IKEA Canada Limited Partnership operates as a subsidiary of Inter IKEA Systems B.V.

1065 Plains Road East

Burlington, ON L7T 4K1

Canada

Founded in 1943

Phone:

905-637-9440

Fax:

877-471-4532

Key Executives for IKEA Canada Limited Partnership

President
Compensation as of Fiscal Year 2017.

IKEA Canada Limited Partnership Key Developments

IKEA recalls the SLADDA Bicycle Due to Fall Hazard

IKEA Canada is recalling the SLADDA bicycle due to a fall hazard. IKEA has received 11 reports worldwide of the SLADDA drive belt breaking, including two resulting in minor injury. None of the incidents were reported in Canada. At IKEA, the safety and security of everyone who comes into contact with products is of the utmost importance and act immediately to mitigate identified safety risks. For this reason IKEA is voluntarily recalling the SLADDA bicycle. Customers that have a SLADDA bicycle are urged to stop using it and to return it to any IKEA store for a full refund. Although not recalled and able to fit with other bicycles, the SLADDA accessories can also be refunded.

Ikea Canada Recalls Ikea Brand Marshmallow Candy from the Marketplace Due to Possible Contamination from Mice Infestation

Ikea Canada is recalling Ikea brand Marshmallow candy (GODIS P. SKKYCKLING) from the marketplace due to possible contamination from mice infestation. These products may contain harmful bacteria. Consumers should not consume the recalled product described below. The following product has been sold from Ikea stores in Nova Scotia, Ontario, Quebec, Manitoba, and Alberta. Recalled product: Marshmallow candy (GODIS PÅSKKYCKLING), size: 100g, UPC: 1.602.603.11.0002, codes: All codes sold in 2018. This recall was triggered by the company. The Canadian Food Inspection Agency (CFIA) is conducting a food safety investigation, which may lead to the recall of other products. If other high-risk products are recalled, the CFIA will notify the public through updated Food Recall Warnings.

IKEA Canada Announces Sales Results for the Year Ended August 31, 2017

IKEA Canada announced sales results for the year ended August 31, 2017. For the period, the company announced total sales of $2.17 billion in Canada, an increase of 5.9% on the previous year.

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Recent Private Companies Transactions

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