The year 1968 saw major developments in the Vietnam War. The military operations started with an attack on a US base by the Vietnam People's Army (NVA) and the Viet Cong on January 1, ending a truce declared by the Pope and agreed upon by all sides.
Already known for its massive stores, Ikea plans to supersize the local furniture-shopping experience even more by building a new site twice the size of its current Burbank location. At 470,000 square feet, the proposed Burbank store would be the Swedish retailer's largest in the United States. We need the big store now, quite frankly, said Ikea spokesman Joseph Roth. It's not so much planning for the future as addressing our current situation. The store needs to be updated..
The IKEA group has a complex corporate structure, the purpose or one of the purposes of which may be to avoid tax, and is controlled by several foundations based in the Netherlands, Luxembourg and Liechtenstein. As of September 2016, IKEA owns and operates 389 stores in 48 countries. In fiscal year 2010, US$23.1 billion worth of goods were sold, a total that represented a 7.7 percent increase over 2009. The IKEA website contains about 12,000 products and is the closest representation of the entire IKEA range. There were over 470 million visitors to IKEA's websites in the year from September 2007 to September 2008.