Ikea to lease furniture to companies | RetailDetail

Ikea to lease furniture to companies

Ikea to lease furniture to companies

Later this year, Ikea will start renting out furniture to Finnish companies. Its own Ikano Bank's local subsidiary will offer leasing contracts, where companies pay a monthly fee to use furniture.

Only in Finland for now

"Ikea Leasing is an easy and affordable way to invest into a company's interior design", Ikano Bank Finland's country director Ulla Parkkali told our colleagues at Planet Retail. Companies will not have to dip into their own cash reserves, while the rent can be deducted from their taxes.

 

The leasing contract can also be easily adjusted when the company expands for example and similarly to car leasing plans, the renting party can decide to extend the agreement when it ends, buy the furniture or replace the items with new ones.

 

Special about this arrangement is that companies can also rent plants, wall decorations and even kitchen gear for a fixed fee per month. Ikea did not divulge whether it was planning to expand this service to other countries as well, although it seems highly likely seeing how Ikea is trying to gain a foothold in the office decoration branch with "solutions that can help a company grow".

Questions or comments? Please feel free to contact the editors


Chinese internet giant launches attack on Italy

11/07/2018

Chinese internet giant JD.com wants to expand to Italy: the Milan office would be the second European office in a short period of time for Alibaba's great rival.

Flotation Home24 latest success for Rocket Internet

18/06/2018

German investment group Rocket Internet has brought yet another one of its ventures to the stock exchange. Following Zalando, HelloFresh and Delivery Hero, it was online furniture store Home24's turn to raise investments for growth acceleration this way.

Casa v2.0 expands geographically and to home delivery

06/06/2018

Belgian decoration chain Casa has launched a new web shop, that expands from mere click & collect to home delivery. From now on, the Dutch as well can order their furniture for home and garden online.

Blokker Holding has record loss, but sees an upturn

29/05/2018

Blokker Holding has reported a 344 million euro loss for the past fiscal year, largely because of high one-time restructuring costs, according to the group. The implementation of its new strategy is on schedule.

Ikea plans to cut 150 jobs, including in Belgium and the Netherlands

04/05/2018

Ikea will be cutting 150 jobs, some of them in the Belgian and Dutch branches as well. The plan is part of a major reorganisation effort to help prepare the furniture giant for the growing competition of large e-commerce players.

Beter Bed suffers from poor German results

02/05/2018

Dutch mattresses group Beter Bed Holding saw its first quarter turnover drop 4 % compared to last year. Turnover went down in Germany, where a poison scandal forced results down by 12 %, but Switzerland and Spain performed even worse.