IKEA business idea
467 IKEA stores in 63 markets
Updated: 17 May 2022.
- The first IKEA store opened in 1958 in Älmhult, Sweden.
- The latest IKEA store to open is Nice St. Isidore, France.
- Germany has the most IKEA stores in the world.
- The biggest IKEA store is Pasay City, Philippines.
Our year in reviewGet a glimpse of FY21 with a selection of facts and figures.
Together, all over the world
The IKEA Brand unites thousands of co-workers and hundreds of companies with different owners around the world. The retail business is organised in a franchise system with 12 franchisees in 54 markets that – together with the franchisor and other parts of the business – continuously improve and develop the brand.
IKEA is not the work of one person alone, it is the result of many minds and many souls working together through many years of joy and hard work.
More than a retailer
To meet the needs of our customers we have a unique business model and value chain. It includes product development, design, supply, manufacture and sales. And of course, it starts and ends with our customers.