Full Form of IKEA
IKEA stands for Ingvar Kamprad Elmtaryd Agunnaryd.
Breakdown of the Name:
- Ingvar Kamprad: The founder of IKEA, born in 1926.
- Elmtaryd: The name of the farm where Kamprad grew up.
- Agunnaryd: The name of the nearby village in Sweden.
Key Facts about IKEA:
- Founded: 1943 in Sweden.
- Industry: Furniture and home goods.
- Business Model: Known for its ready-to-assemble furniture and modern designs.
- Global Reach: Operates in over 50 countries worldwide.
Interesting Tidbits:
- The brand is famous for its innovative designs, affordability, and a unique shopping experience, including large warehouse-style stores and a focus on sustainability.