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IKEA will buy back the old furniture



For the first time in 77 years of the company's history, it will not sell furniture to buyers.
Ikea

IKEA will buy back old furniture that has become useless.

After that, the company will find new owners for some furniture and recycle another part. It will prevent a large number of items from falling into the dumps. The action will be a part of the environmental initiatives of Ingka Group. It will start on November 24 and last until December 3.

Currently, 45% of global carbon emissions are related to how the world produces and uses everyday items such as furniture. Such actions will help to solve this problem of mindless consumption, at least in part.

It is expected that by 2021 each IKEA store will open particular points for receiving furniture that has become unnecessary. The company wants to accustom customers to the idea of a circular economy. Thus, last year 47 million restored furniture items received a second life. According to Pia Heidenmark Cook, Director of Environmental Affairs at Ingka Group, "the climate crisis requires us all to rethink consumer habits radically.

Anyone who sells back unnecessary goods will receive a coupon which can then be used to buy new IKEA products. Depending on the condition of the furniture sold, it will be possible to get up to 50% of its original value.

More about shopping malls in Sweden



YESTERDAY, United Kingdom:
IKEA cooperates with British grocery giant Tesco, launching a new service.
DAY BEFORE YESTERDAY:
McDonald's Japan has been raising prices on about 60% of its products since September 30.
Sep 22, 2022, France:
Palm Angels expands its geography and enters the French market with the opening of a store in Paris.
Sep 20, 2022:
The new retail space will appear in the trendy Garosu-gil neighborhood of Seoul.
Sep 19, 2022, Sweden:
The official opening of the flagship store at Drottninggatan 53 is scheduled for September 30, 2022.
Sep 16, 2022, South Korea:
The store will be located at Lotte World Mall in Seoul's Jamsil district.
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