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    Home»Business»Ikea’s resale bet is paying off
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    Ikea’s resale bet is paying off

    Team_RareSideHustlesBy Team_RareSideHustlesFebruary 17, 2026No Comments5 Mins Read
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    In the event you cease by the “as-is” part at certainly one of Ikea’s U.S. shops, you would possibly now discover a classic desk from the Nineteen Eighties.

    The corporate just lately began accepting older merchandise in its Purchase Again & Resell program, which provides clients retailer credit score for bringing again used objects, after which presents them on the market to different clients. Since launching as a pilot within the U.S. 5 years in the past, this system—nonetheless the one certainly one of its sort at a serious furnishings retailer—has steadily expanded, underscoring the demand for round choices.

    This system “is our alternative to convey our merchandise again into the shop from our clients to maintain them out of landfill,” says Mardi Ditze, sustainability supervisor for Ikea U.S.

    [Photo: Ikea]

    U.S. shops just lately began taking again 700 extra SKUs by this system, from classic furnishings to glassware. Final yr, clients introduced again 14,700 merchandise, rising from 8,000 in 2023. Most resold inside 48 to 72 hours.

    The model’s resale program can also be rising globally. Ingka Group, the most important Ikea franchise that operates shops in 31 international locations, sourced almost 690,000 used Ikea merchandise for resale final yr. A part of the attraction, particularly within the present economic system, is the truth that the secondhand merchandise have a built-in low cost.

    “We’ve at all times had a concentrate on creating worth for cash for purchasers, and this strengthens our low-price provide,” says Karen Pflug, chief sustainability officer for Ingka Group. “Our analysis exhibits that though we really feel we’re reasonably priced, it will probably nonetheless be a barrier for some folks. So the secondhand presents an entire new stage of affordability.”

    [Photo: Ikea]

    Promoting secondhand merchandise doesn’t cannibalize the corporate’s gross sales of latest merchandise. As a substitute, it’s serving to herald some new clients who’re in search of lower-priced choices. Prospects who herald their very own used merchandise to resell sometimes spend greater than the worth of the voucher that they get for the return.

    “Our expertise has been that when a buyer comes and efficiently has a buyback resale transaction, has a retailer credit score of their hand, they’re doubtless fascinated about what their subsequent buy goes to be,” says Ditze. “That transaction may occur as quickly as that day, and that present card will get utilized to the acquisition that they have been fascinated about doing.”

    Ikea additionally presents a peer-to-peer resale possibility in a handful of nations, with plans to expand this year. Prospects who wish to resell one thing scan their product with Ikea’s app, after which mechanically get value suggestions, measurements, descriptions, meeting directions, {and professional} product photographs for his or her itemizing, serving to take away a number of the friction of posting an advert your self on one other platform like eBay or Fb Market. Sellers additionally get both money or a 15% digital refund card that they will use at Ikea.

    Left: a web page from a 1979 Ikea catalog with the Billy bookcase. Proper: a more moderen iteration of the Billy, ca. 2022. [Photos: Ikea]

    The work is a part of Ikea’s bigger effort to change into a round firm, which means that it retains merchandise and supplies in use so long as doable, shifts to recycled and renewable supplies, and eliminates waste all through the availability chain. Inter Ikea, the a part of the model that handles design, can also be starting to revamp merchandise for longevity. The traditional Billy bookcase, for instance, now has extra resilient supplies and snap-in attachments as an alternative of nails within the again, so it may be disassembled and reassembled more quickly—and extra simply be resold and moved.

    Ikea has additionally lengthy supplied free elements to restore merchandise if a screw is misplaced, and couch covers to assist furnishings keep in use longer if it will get a stain. Some shops in Europe have examined restore packages for resold objects. Ikea is actively discovering new recycling choices for when merchandise do put on out utterly—or if they will’t simply be resold due to hygiene causes. The corporate invested in a mattress recycling startup, for instance, which may harvest elements from springs to foam to be used in new mattresses. And by 2030, Ikea is aiming for a 3rd of the wooden in its merchandise to be recycled.

    “One a part of it’s making a closed-loop round stream for ourselves due to useful resource supplies coming in,” says Pflug. “However the different is simply doing the precise factor from a round economic system perspective.”

    [Photo: Ikea]

    On the resale entrance, Ikea is tapping into momentum that already existed. In Europe, Pflug says that Ikea merchandise make up round 9% of the secondhand furnishings market. However the firm’s efforts may assist nudge extra folks to take the time to present objects a second life relatively than throwing them out. Different manufacturers may observe the identical strategy.

    “Prospects already see the worth of our merchandise but additionally the worth of secondhand furnishings basically, and are doing it themselves,” says Pflug. “So if you wish to have part of that dialog and part of that market, it’s important to be sure to’re being accessible and reasonably priced and eradicating the limitations and ache factors for folks to do it. I believe that’s once you’ll then get the demand.”



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