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Mikhail Tereshchenko

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Ikea will quickly be promoting pre-used variations of a few of its greatest sellers

Ikea, the world’s greatest furniture enterprise, is planning a second-hand furniture enterprise.

The Swedish large will subsequent month launch a scheme to buy back your undesirable Billy bookcases, and sure different of its furniture objects you not want or need.

Under the plan, it’ll provide vouchers price up to 50% of the unique worth, to be spent at its shops.

The “Buy Back” initiative will launch to coincide with Black Friday.

“By making sustainable living more simple and accessible, Ikea hopes that the initiative will help its customers take a stand against excessive consumption this Black Friday and in the years to come,” it stated in reference to 27 November, when a lot of retailers provide reductions on their merchandise.

The worldwide scheme will see prospects given vouchers to spend at Ikea shops, the worth of which is able to rely upon the situation of the objects they’re returning.

Customers should log the merchandise they need to return and can then be given an estimate of its worth.

“As new” objects, with no scratches, will get 50% of the unique worth, “very good” objects, with minor scratches, will get 40% and “well used”, with a number of scratches, will get 30%.

They ought to then return them – totally assembled – to the returns desk the place they are going to be checked and the ultimate worth agreed.

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The provide, which is able to run in 27 nations, applies to furniture sometimes with out upholstery, such because the well-known Billy bookcases, chairs, stools, desks and eating tables.

Ikea stated that something that can’t be resold will probably be recycled.

Ikea plans to have devoted areas in each retailer the place folks can promote back their outdated furniture and discover repaired or refurbished furniture.

The firm began its first assortment in 1948 and a few classic Ikea merchandise have change into collectable in current years.

Auction web sites carry numerous Ikea designs from earlier a long time, and a few are on sale for 1000’s of kilos.

Rising demand

The firm has been testing out furniture reselling in Edinburgh and Glasgow for greater than a 12 months.

Ikea, which has been taking steps to change into extra environmentally pleasant, says it goals to change into “a fully circular and climate positive business by 2030”.

A “circular” enterprise is one which reuses or recycles supplies and merchandise.

Earlier this month the group introduced plans to open a file variety of shops this 12 months.

The Swedish firm and its franchisees will open 50 stores worldwide – together with in the UK – including to the 445 shops presently run by the model.

Ikea’s greatest franchisee stated demand was rising after lockdown as folks search to do up their properties.

Its newest figures confirmed gross sales in the 12 months to August have been €39.6bn (£36bn).

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