IKEA IKEA IKEA (, ) is a Swedish-founded multinational group that designs and sells , kitchen appliances and home accessories, among other useful goods and occasionally home services. It has been the world's largest furniture retailer since at least 2008. It was founded in Sweden in 1943 by 17-year-old carpenter, Ingvar Kamprad, who was listed by "Forbes" in 2015 as one of the ten richest people in the world, worth more than $40 billion. The company's name is an acronym that consists of the initials of Ingvar Kamprad (name of founder), Elmtaryd (the farm where he grew up), and Agunnaryd (his
Home Décor Products and was forced to declare Chapter 7 Bankruptcy on March 26, 2009, and has ceased operations. In 2006, Home Décor Products was recognized as #5 on the Internet Retailer Top 500 List in the Housewares/Home Furnishings category. HDPI was also ranked on the "Inc." 500 List of Fastest Growing Companies of 2006. HDPI announced a capital investment of $65 million from 3i Group, Liberty Media and Comcast Interactive Capital in December 2006. Home Décor Products Home Décor Products, Inc. was a large online retailer of home improvement and furnishings, headquartered in Edison, NJ. It claimed to stock more than 450,000