Ikea has taken a step forward in its journey to become a circular business by 2030, with the opening of its first second-hand store in Eskilstuna, Sweden. The store is located in the ReTuna shopping centre, where all products sold are reused or recycled. Ikea designs and sells ready-to-assemble furniture, kitchen appliances, and home accessories.
The new store that will be open initially for six months, is run by the existing Ikea Västerås store that will provide furniture and home furnishing accessories that for different reasons have been damaged. At ReTuna, they will be repaired and given a second chance in a new home, the company said in a press release.Ikea has taken a step forward in its journey to become a circular business by 2030, with the opening of its first second-hand store in Eskilstuna, Sweden. The store is located in the ReTuna shopping centre, where all products sold are reused or recycled. Ikea designs and sells ready-to-assemble furniture, kitchen appliances, and home accessories.#
The collaboration with ReTuna will help Ikea understand why some Ikea products are turned into waste, what condition they are in when thrown away, why do people choose to donate or recycle products, and if there’s an interest in buying the products that have been repaired.
The store is part of Ikea’s aim to develop a circular and profitable business model for the future. The second-hand store helps Ikea test this approach and inspire more people to live a more sustainable life within the boundaries of the planet, paving the way to transition from a linear to a circular business model.
Transforming into a circular business impacts every aspect of the Ikea business: from how and where we meet Ikea customers, how and what products and services we develop, to how we source materials and develop the Ikea supply chain. We are adapting our existing business model to enable the prolongation of product and material life, by enabling the four circular loops of reuse, refurbishment, remanufacturing, and recycling.
The Ikea ambition for 2030 is to become a circular business built on renewable energy and regenerative resources; decoupling material use from our growth. We have a clear approach: to make more from less, enabling the business to reduce waste and become more efficient in all we do.
Ikea has an ambitious roadmap that includes different commitments like develop circular capabilities in all our products by 2030; aim for only renewable or recycled materials by 2030; develop scalable solutions for customers to acquire, care for, and pass on products in circular ways; and take the lead and join forces with others through advocacy, collaboration, and business partnerships.
Ikea has been on the journey toward a circular economy for many years. It has developed circular product design principles to guide the development of every product we sell. All the products will be circular by 2030. It has assessed its existing product offer (10,000 articles) and now is in the process of describing how it will reach this goal.
Fibre2Fashion News Desk (GK)
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