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The IKEA Concept starts with the idea of providing a range of home furnishing products that are affordable to the many people, not just the few. It is achieved by combining function, quality, design and value – always with sustainability in mind. The IKEA Concept exists in every part of their company, from design, sourcing, packing and distributing through to their business model. Their aim is to help more people live a better life at home. They are a diverse group of down-to-earth, straightforward people with a passion for home furnishing, they came from all over the world but they share an inspiring vision to create a better everyday life for many people.The IKEA name combines the initials of IKEA founder, Ingvar Kamprad, (IK) with the first letters from the names of the farm and village where he grew up(EA). The IKEA logo has hardly changed during the company’s history and the 1967 version remains a consistent symbol of the IKEA business.
In the early 1980s – with IKEA stores in 20 countries and expanding – IKEA founder,Ingvar Kamprad, realized he needed to protect the unique IKEA Concept as part of the company’s growth. He wanted total independence and a long-term ownership structure, so the stock market wasn’t an option,so he believed that all the companies operating under the IKEA Brand had to build resources before they could expand and their business idea is to offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them. They work hard to achieve quality at affordable prices for their customers through optimizing their entire value chain, by building long-term supplier relationships, investing in highly automated production and producing large volumes. Their vision also goes beyond home furnishing. They want to create a better everyday for all people impacted by their business.
There are a lot of good things happening at IKEA. And they are honored for the recognition demonstrating why IKEA is a great place to work. They are a values-driven company with a passion for life at home. Every product they create is their idea for making home a better place. At the IKEA Group, they have 517 stores in 37 countries.

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