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IKEA founder to return home 40 years after fleeing Swedish taxes

STOCKHOLM (Reuters) - Ingvar Kamprad, founder of furniture company IKEA, announced on Wednesday he plans to return home to Sweden 40 years after leaving the country to escape its high taxes.Full story

IKEA reshuffles the furniture with new generation

STOCKHOLM (Reuters) - Asked if he would ever quit IKEA, 87-year-old founder Ingvar Kamprad told an interviewer last year he "had no time to die". But his latest step back from the world's biggest furniture group has pushed a younger generation to the fore. Full story

IKEA founder steps further back, youngest son takes key role

STOCKHOLM (Reuters) - Ingvar Kamprad, creator of Swedish furniture retailer IKEA, is to take another step back from his company as the youngest of his three sons takes a key board role in a gradual handover of power. Full story

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IKEA halts moose lasagne sales after pork traces found

IKEA stops selling all minced meat products from main supplier

IKEA takes meatballs off Europe menus after horsemeat found

"Disrespectful" IKEA ad touches nerve with Thai transsexuals

IKEA expresses 'regret' over forced German labor

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Politico Playbook: "A collection of prominent Virginia business leaders, dismayed by a 2013 governor's race they view as a contest between a Democratic fixer and a Republican ideologue, are scrambling to draft a third contender into the race to run as an independent," writes Politico's Alexander Bur

  Ikea Erases Images of Women, Just Business?

Ikea apologizes for removing images of women from its catalog in Saudi Arabia. Irin Carmon, Salon.com staff writer, and Emily Miller, Washington Times senior opinion editor, discuss whether the company went too far to do business in the country.

  IKEA apologizes for Saudi Arabia catalogue goof

Furniture giant IKEA is apologizing after it emerged that the Swedish company erased female models from its catalogue in Saudi Arabia. The firm says the edits do not align with its values. TODAY’s Natalie Morales reports.

  Ikea Preps for Holiday Shopping Season

Mike Ward, President of IKEA USA, explains how the retailer is prepping for an expected uptick in the economy, and discusses why IKEA is switching its lighting to all LED.

  Ikea to open budget hotels

Swedish retailer Ikea, known for their budget-friendly furniture, are aiming to open low-cost hotels across Europe starting in 2014. NBC’s Brian Williams reports.

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Related Photos

Kamprad, founder of furniture retail chain IKEA, listens an address at the Russian - Swiss Innovation day at the EPFL in Ecublens
Kamprad, founder of furniture retail chain IKEA, listens an address at the Russian - Swiss Innovation day at the EPFL in Ecublens

Swede Ingvar Kamprad, founder of furniture retail chain IKEA, listens an address at the Russian - Swiss Innovation day at the Swiss Federal Institute of Technology in Ecublens, near Lausanne May 17, 2013. REUTERS/Denis Balibouse

Ohlsson, chief executive of world's biggest furniture retailer IKEA, watches presentation before his speech in Shanghai
Ohlsson, chief executive of world's biggest furniture retailer IKEA, watches presentation before his speech in Shanghai

Mikael Ohlsson, chief executive of the world's biggest furniture retailer IKEA, watches a presentation before his speech at the Shanghai University of Finance and Economic campus in Shanghai April 2, 2013. REUTERS/Carlos Barria (CHINA - Tags: BUSINESS)

SWEDEN-EUROPE-FOOD-COMPANY-IKEA
SWEDEN-EUROPE-FOOD-COMPANY-IKEA

IKEA pulled its famous Swedish meatballs from the menu after Czech authorities discovered they contained horsemeat.

A child plays at an IKEA store in Beijing
A child plays at an IKEA store in Beijing

A child plays at an IKEA store in Beijing, February 22, 2013. Without a willingness to lug cheap flat-pack wardrobes home and wrestle with self-assembly, there would be no IKEA, but in Asia, where the locals have other ideas, the Swedish furniture giant thinks it still has a bright future. As it exp