IKEA will repurchase some used furniture to stop 'over-consumption'

Ikea will open a record number of stores over 50 in its current fiscal year the new chief executive said Tuesday

Ikea will open a record number of stores over 50 in its current fiscal year the new chief executive said Tuesday

Flat-pack furnishings retailer IKEA said Tuesday that it will offer to buy back thousands of pieces of used IKEA furniture in 27 countries, for resale, recycling, or donation to community projects.

The customer will then receive a voucher according to the condition of the forfeited item: "as new" items will get 50 percent of the original price, 40 percent for "very good" items, and 30 percent for "well used".

The world's biggest furniture retailer has confirmed that the scheme will be introduced from Friday 27 November, also known as Black Friday, to all stores in the United Kingdom and Ireland.

The "Buy-back and re-sell in store" service will allow IKEA to help out their customers in a time when a lot of people are a little strapped for cash.

People exhausted of their flat pack IKEA dressers, drawers, cabinets and tables will now be able to sell them back to the furniture retailer for resale in its stores as secondhand. "The U.S.is now exploring ways to bring Buy Back to the country in the future".

On top of its Black Friday activation, IKEA Canada is also asking every consumer to commit to "one little thing" that could help protect the earth.

New restrictions come in for Scotland's pubs, bars, restaurants and cafes
She said it is important cafes can stay open to counter the isolation felt by people who cannot now meet others in their homes. Speaking on Wednesday afternoon, Sturgeon told MPs the measures are required to tackle soaring Covid cases in Scotland.

Technically, IKEA will not be buying from you, but trading in your old furniture at double its value for in-store credit.

Almost 20 years later, the company has embraced sustainability, which Peter Zelkeby, IKEA UK and Ireland Country Retail Manager, called "the defining issue of our time".

IKEA, which is taking steps to become more environmentally friendly, says it aims to become a "fully circular, climate-positive company by 2030".

Hege Sæbjørnsen, Country Sustainability Manager at IKEA UK & Ireland, added:"The IKEA vision has always been to create a better everyday life for the many people, which right now means making sustainable living easy and affordable for everyone".

"We want to offer customers' sustainable solutions for their furniture they no longer need, even if it's served them well over the years", says Stefan Vanoverbeke from Ingka Group.

Ikea's leadership has directly linked some of its stores' challenges to climate change. The tool will automatically generate a preliminary offer and customers will then be invited to bring the fully assembled product and preliminary offer to the Returns & Exchanges desk in Ballymun, where they will then receive an IKEA voucher to spend in store.

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