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2006-07-05 17:24:49 · 2 answers · asked by jesuszamora9 1 in Business & Finance Corporations

2 answers

According to the Forbes report (see link below), the founder "opened his first store in 1958 in Almhult, Sweden. It was tiny compared with today's warehouse stores, which sell more than 12,000 products and can top off at more than 350,000 square feet--more than twice the size of an average Wal-Mart. It also sold furniture preassembled, as self-assembly didn't become part of the concept until 1959.

"Customers loved Kamprad's idea. Today, Ikea has 215 stores with 20 more planned this year, and sales have skyrocketed from 3.8 billion euros in 1994 to 12.6 billion euros ($15.5 billion) in 2004.

"Ikea has more than 20 distribution centers that service its stores around the globe. These play a strategic role in its supply chain and act as logistics centers for both the sorting of goods to individual stores and as the site where complex products, like full kitchens, are assembled as packages for delivery to fulfill customer orders."

2006-07-05 17:38:30 · answer #1 · answered by Rev Debi Brady 5 · 0 0

In most company website is the section for "investor relations." Look for annual report (10-K). It's a long report, but it explains clearly exactly what their plans are for each area of their business, including production.

2006-07-06 02:11:22 · answer #2 · answered by Nikki W 3 · 0 0

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