Kitchen Table Package

With little thanks to Las Vegas, IKEA’s profits rose more than 10% last year.

IKEA reported a 10.3 percent jump in net profit to euro2.97 billion ($3.81 billion) for the year ended Aug. 31, even though it cut prices by 2.6 percent. Revenue rose 6.9 percent to euro25.17 billion in the same period and Ohlsson says the sales pace has been accelerating since then — even as stock markets around the world have taken a dive amid the worsening financial crisis in Europe. Click here to read more about how they were able to grow their profits even without having a store in Las Vegas.

Gulliver Crib Set

Expedit 2×4

Get Organized!

Kid’s Imagination Center

January is National Get Organized Month! Here are some tips on getting organized

Its January so there has been an outbreak of “Get Organized Fever” as symbolized by the National Organization of Professional Organizer’s declaration as Get Organized Month. IKEA is rich in ideas for getting organized. There are containers small and large. There are organizational systems that are simple and those that are complex. No matter what your organizational challenge may be, IKEA has a solution for you. 

Unusual Hiring Campaign

With major expansion taking place in Australia, store managers needed a creative way to hire more and more people. They decided to place pieces of paper resembling their standard assembly instructions but with “career instructions” to “assemble your future” into the packaging of flat-pack products sold at nearby locations. The effort generated massive results since they were specifically targeting people who were likely already fans of IKEA.  They attracted 4285 job applications and recruited 280 new staff. 

IKEA’s 2012 Summer Collection Leaked

Sweden might be frozen but the IKEA design team has been hard at work on a new line of outdoor furniture perfect pool side or underneath a shady awning. Courtesy of IKEA Fans, here is a link to some leaked product photos. Let us know if there is something you like and we’ll keep our eyes open. 

In a move towards greater sustainability,IKEA is phasing out the use of wood pallets.

Wood pallets have been a staple for transporting goods throughout the world for centuries. IKEA is taking a bold step to phase out them out in order to cut transportation costs. No doubt getting rid of the 10 million wood pallets they use every year will have a dramatic impact of the environment and energy resources. IKEA is choosing to replace the pallets with single use, recyclable pallets that will help the company to save almost $200 million a year in transportation costs. Click here to read the full story.