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December 8, 2020updated 07 Mar 2022 9:31am

IKEA to scrap physical catalogue as customers move to digital alternatives

Swedish furniture retailer IKEA has decided to stop printing annual catalogue after seven-decade as demand has plummeted.

Swedish furniture retailer IKEA has decided to stop printing annual catalogue after seven-decade as demand has plummeted.

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IKEA founder Ingvar Kamprad printed the first catalogue in 1951, distributed around the southern part of Sweden.

The decision to scrap the physical catalogue is in line with the company’s strategy to transform its business to make it more accessible and digital in response to evolving customer behaviour and media consumption.

The retailer is printing its last IKEA Catalogue, the 2021 Catalogue, released this past summer.

Inter IKEA Systems BV managing director Konrad Grüss said: “For both customers and co-workers, the IKEA Catalogue is a publication that brings a lot of emotions, memories and joy.

“Turning the page with our beloved catalogue is a natural process since media consumption and customer behaviours have evolved. Looking forward, we will find new ways to engage and inspire many people with our home furnishing solutions.

Last year, IKEA.ca served more than 178.5 million visitors, increasing its online retail sales by 41.9%.

Additionally, the retailer strengthened digital services with the launch of the new shoppable IKEA app.

Grüss added: “We are not starting from scratch. We have been transforming how we reach and interact with our customers, and the work continues to find new ways to amplify our unique home furnishing knowledge, products and solutions in the best possible way. We want to inspire many people through new ways, channels and formats.”

In October, Ikea revealed plans to launch a ‘Buy Back’ scheme to encourage customers to resell their unwanted Ikea furniture back to the retailer.

Free Report
img

What are the key consumer trends driving FMCG in 2022?

The consumer landscape has permanently changed since the COVID-19 pandemic began, prompting trends to emerge or accelerate, causing subsequent macro-economic shifts. In order to stay relevant, Consumer Packaged Goods companies must stay abreast of these developments. It is here that GlobalData can offer valuable assistance. Download GlobalData’s Trendsights: Trends to Watch in 2022 report to:
  • Gain insight into the 12 most important trends across the FMCG value chain
  • See the consumer survey data that underpins these insights
  • Learn what early-movers are already doing in terms of NPD and product marketing
Take a look at this report to give yourself the best standing in this developing market.
by GlobalData
Enter your details here to receive your free Report.