A Dutch-based multinational company started in 1943 in the southern part of Sweden called Småland as a one-person delivery order company. The then 17-year boy founder, Ingvar Kamprad initially organized for the hometown country milk vehicle to deliver the things near the neighboring train station.  Since 2008, Ikea is recognized as the world’s largest furniture retailer. IKEA as of March 2021 there are 422 stores operating in 50 countries. According to the financial year 2018 statistics, IKEA sold goods worth US$ 44.6 billion.

In 1950, IKEA started marketing with a catalog combined with an outlet where clients may perhaps visualize and feel IKEA products. There are three main corporations’ different features function, quality, and low price. Difficulties through sellers lead the way for the company to jump buying from overseas manufacturers in Eastern Europe.

In the 1960s, the corporation announced the warehouse principle. In Stockholm, a huge outlet started operations where clients selected the goods from the shelves themselves. IKEA twisted a volume issue into an advanced method of transporting goods to clients, which is nowadays a keystone in the IKEA process of operating business.