Tag: ikea

The Truth About Ikea: Insights from an Insider

September 9th, 2011   •   no comments   

RIP Mr Ingvar Kamprad (courtesy of Ikea website)

{UPDATED 29 JANUARY 2018} The world is moaning the passing of Mr Ingvar Kamprad, founder of Ikea and IKANO. According to the Ikea Group website, he passed away at the ripe old age of 91 years after a short illness.

A pioneer and entrepreneur who could make the traditional and staid world of furniture retailing sexy, Kamprad was one of the world’s best known retailer. His methods in furniture retailing have been emulated by numerous competitors around the world.
Read More


Make Room For Ikea

June 15th, 2007   •   11 comments   

P1020745

In a desperate bid to get my son to sleep on his own, my wife and I decided to venture to Ikea at Alexandra Road to shop for a “tent”. Well, actually we were looking for a bed canopy which my son Ethan said will help him sleep on his own at night. The current arrangement was that one parent had to spend the night with him in his bed room. This obviously isn’t ideal as you would imagine.

Ikea is one of the world’s leading furniture retailer. It is founded in Sweden by Ingvar Kamprad, who is the fourth richest person in the world with a net worth of US$33 billion. The chain is huge, with 254 stores around the world in 35 countries, and adopts a franchising model of business. One of its key strengths is in “democratic design” which integrates efficient manufacturing and design to capture economies of scale and consumer preferences.
Read More