Info on Ikea
Furniture Companies & Market News

Here is a link to a page we created keeping track of IKEA. We do not expect an Ikea store to open in Ireland before summer 2007 but that is only our own estimate. It is based on the time taking to open similar stores in other countries.

How big a company are IKEA? What was the effect on other shops when they arrive in a new area.

Turnover for the Fiscal year 2004 was €12.8 Billion Euro 310 million people visited IKEA stores in 2003 131 million copies of the IKEA catalogue printed in 38 editions and 17 languages 165 Stores in 43 countries, 21 additional stores operated as a franchise 1600 suppliers in 55 countries worldwide 76,000 employees

Furniture giant Ikea continued to capture the imagination of shoppers after it emerged today that annual UK profits rose by 15% to £153.5m (€223.2m). The Ikea group started selling furniture in 1947, opened its first showroom in 1953 and now has 186 stores across 31 countries http://breakingnews.iol.ie/news/story.asp?j=149220160&p=y49zzx866

Ikea is huge! I have visited one in Canada when I was on a trip and wow! I am sure that it does have an effect on other shops to an extent but they have a definate style of furniture. And it is certainly not to everyones taste. So other shops will most likely still do well.

I think that it would have a seriously detrimental effect on other businesses in the area. IKEA offers cheaper furniture and they also carry everything. One stop cheap shopping is sure to be a giant hit.

This company is in competition with IKEA in Germany and Austria. http://www.lutz.at/

Interesting article below featured on Business World. Monday, July 25 07:45:08 (BizWorld) Dublin may not now get its Ikea furniture superstore until 2008 at the earliest, because of a planning delay. The delay is likely because of Final County Council's need to adopt a new area plan to change the use of its proposed site at Ballymun. The Sunday Tribune reports sources as saying there is "no urgency" within the council over the changes in the plan, and that it may not now be adopted until mid way through next year. http://www.businessworld.ie/livenews.htm?a=1220242;s=rollingnews.htm

Interesting to see what has happened in Turkey as a result of Ikea coming in to the market. Turkish Furniture Sales up 20% in Ikea Region The Turkish furniture sector’s earlier concerns about Ikea’s penetration into the Turkish market have not been realized. Full story here http://www.zaman.com/?bl=economy&alt=&trh=20050803&hn=22563 So is it good news all round? Richard www.furniture.ie

Ikea is a step closer to Irish market Article in the Befast Telegraph about their intentions. It mentions that they may be ready for building in 2006 http://www.belfasttelegraph.co.uk/news/story.jsp?story=660576

I have been in loads of IKEA's that are not mega-stores. The one in Dubai is no bigger than any tesco store and is about 1/3 the size of B&Q in Liffy Valley. This is just pure greed, any number of Irish Business people would be willing to pay IKEA hundreds of thousand per year to operate a franchise in Ireland. This is a real rip-off

I have visited IKEA and found the stores quite reasonable in size, I know that they are trialing a smaller high street version of their stores as well. Lisa

Stay seated and have everything delivered to your door. First, browse through our products on this website, make your selection, then place your order by phone or email. A member of the Business 2 Business team will give you a tailored quotation which will include delivery details. e-mail: b2b.Edinburgh@memo.IKEA.com phone: 00 44 131 440 6625 fax: 00 44 131 440 6717 (available mon - fri, 9am - 5.30pm) This service is exclusive to IKEA Edinburgh only. I've used the above service and had no problems, my goods were delivered within a week!

Ikea can stay well away.. aloung with all the other UK multiples as we are loosing our nationality...

some issues about planning being mentioned in the Sunday papers today, not sure if their application will be as smooth as it could be, this could affect or delay their entry into the irish market.

I saw a program on National Geographic about an Ikea warehouse, one of the largest in the world. It's a kilometer long and twenty seven stories tall... wow. So that means up to 50 racks tall in rows a kilometer long!!! Fully computerised of course... Now where did I put that table? Cheers Joe http://www.eccabinets.com

I,m a soon to be a thirty something. Was in Ikea in spain and its everything I want in my home and cannot buy in ireland without a second morgage . Most irish "furniture" stores sell knock off cheap asian/chinese junk. Even the better heeled shop,s ! The materials used in products and the functionality of nearly everything I saw amazed me ! I hate shopping and furniture really get,s on my wicker chair.(I,m a bloke) This ikea store was layed out very well. It brought you through the show area showing what is on display then you can buy all the smaller pieces later as you go on. It was a large building but because it lead you a certain way .You have to go one way and you couldnt help but look at each display as you pushed through the store. If this can work in a packed irish ikea I dont know . But seemed to work very well there. Enough talk. Simple Ikea imaginative ,stylish products without the premium ! I say irish "furniture" shops will rue the day ,The big blonde swede came to town. :lol: I say so long pine peddling tinkers.. :shock: