The Year in Brief
THE LIFE AT HOME REPORT GOES PUBLIC
Last year we shared our first Life at Home Report. We launched an interactive website featuring the findings of an in-depth survey looking into people’s morning routines. Data was collected from 8,000 respondents in eight cities throughout the world.
IKEA US ADJUSTS WAGES
IKEA US announced a new hourly wage structure that focuses on the needs of co-workers instead of market standards. Effective January
2015, wages will be set according to the local living cost. Find out more on page 25.
5.9% SALES UP IN FY14: NEW MARKETS AND NEW STORES
The IKEA Group sales increased 5.9% in FY14 (adjusted for currency impact). We opened 12 new stores in ten markets, including our first store in Croatia, which 68,000 customers visited in its first four days. We also opened a city centre store in Hamburg Altona, Germany, where customers can use our cargo bikes for free to take their purchases home. In total, the IKEA Group has 315 stores in 27 markets as of August 31, 2014.
FASTER AND SIMPLER ASSEMBLY
When tasked to make assembly easier for customers, two construction technicians in Älmhult found inspiration in an old idea. Göran Sjöstedt and Anders Eriksson took a traditional wooden plug technique and adapted it for today’s hi-tech production methods. The result? Quicker and simpler assembly in just a few steps. The new REGISSÖR storage series features this innovative assembly solution.