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IKEA.

Authors :
Capell, Kerry
Sains, Ariane
Lindblad, Cristina
Palmer, Ann Therese
Bush, Jason
Roberts, Dexter
Hall, Kenji
Source :
BusinessWeek; 11/14/2005, Issue 3959, p96-106, 9p, 17 Color Photographs, 2 Charts, 1 Graph
Publication Year :
2005

Abstract

The article examines how Swedish retailer Ikea became a global brand. Ikea accounts for just five to 10 percent of the furniture market in each country in which it operates. CEO Anders Dahlvig emphasizes brand awareness and lifestyle. To keep sales growing, Ikea is accelerating store rollouts. The key to the rollouts is preserving the strong enthusiasm that Ikea evokes. The global middle class that Ikea targets shares buying habits. Practices that define Ikea culture include egalitarianism and competitiveness. The company's designers work with in-house production teams to identify appropriate materials and least costly suppliers. Suppliers and designers customize some Ikea products to make them sell better in local markets. INSETS: What a Sweetheart Of a Love Seat;How to Build a Cilt Brand;Swden's Answer To Sam Walton;Need a Home to Go with that Sofa?

Details

Language :
English
ISSN :
00077135
Issue :
3959
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
18752860