IKEA Just Entered the Resale Game
Tired of your flat pack furniture? IKEA will buy it back. The Swedish retailer has announced the rollout of a furniture buy-back and resell program, part of the company’s larger efforts to combat climate change.
The buy-back initiative will launch in November to coincide with Black Friday and aims to encourage customers to take a stand against excessive consumption. “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,” reads a statement from the company, according to the BBC.
Customers will be able to sell back fully assembled drawer units, tables, chairs, cabinets, desks, shelving, and cupboards. The customer will then receive a voucher according to the condition of the forfeited item: “as new” items will get 50 percent of the original price, 40 percent for “very good” items, and 30 percent for “well used.” Upon return, the used furniture will be refurbished and resold at a lower price point.
IKEA has launched similar efforts in the past, but this marks the company’s largest simultaneous effort. The initiative will launch in 27 countries, kicking off with the UK on November 24. The program will also run in Australia, Canada, France, Germany, Italy, Japan, and Russia. Noticeably absent from the list of participating countries is the United States.
Head over to IKEA.com to find out whether your country is eligible for the buyback program and when it begins.