Advertisement

IKEA Moves Closer to Circularity with Buy Back & Resell Pilot

IKEA will test its new Buy Back & Resell service at its Conshohocken, Pa. store through Sept. 19, 2021, with plans to expand it to additional U.S. markets in the future. The retailer will purchase gently used, functional and fully assembled IKEA furniture for store credit, and make items available for resale in the store’s AS-IS section.

The service, which IKEA plans to eventually make available permanently at all U.S. stores, is part of the retailer’s goal of becoming a circular business by 2030. IKEA is committed to designing all products to be 100% circular from the beginning, aiming to use only renewable or recycled materials by adapting and finding new sources or developing new materials.

In a recent survey, Coresight Research found that 29% of consumers consider environmental sustainability in their shopping choices more now than prior to the pandemic. Another study, from resale marketplace OfferUP, showed that 48% of consumers bought an item through resale in 2020.

“At IKEA, we are passionate about making sustainable living easy and affordable for the many, and want to be part of a future that’s better for both people and the planet,” said Jennifer Keesson, Country Sustainability Manager, IKEA U.S. in a statement. “We hope the Buy Back & Resell service inspires our customers to live a more sustainable life at home while giving their used furniture another life and a second home.”

Advertisement

In the interests of safety, recalled items and certain product categories, such as chests of drawers, will not be eligible for the Buy Back & Resell program.

Featured Event

The Retail Innovation Conference & Expo explores the evolving customer journey and how technology enables the convergence of content, community and commerce. 

Advertisement

Advertisement

Access The Media Kit

Interests:

Access Our Editorial Calendar




If you are downloading this on behalf of a client, please provide the company name and website information below: