Bored with your flat pack furniture? - IKEA will buy it back

People tired of their flat pack IKEA dressers, drawers, cabinets and tables will now be able to sell them back to the furniture retailer for resale in its stores as secondhand.

FILE PHOTO: Ikea in Tottenham is pictured as it re-opens, following the outbreak of the coronavirus disease , London, Britain, June 1, 2020. REUTERS/John SibleyLONDON: People tired of their flat pack IKEA dressers, drawers, cabinets and tables will now be able to sell them back to the furniture retailer for resale in its stores as secondhand.

The world's biggest furniture group, said on Tuesday the"Buy Back" initiative was part of its aim to become"a fully circular and climate positive business by 2030."Under the scheme, which runs in 27 countries from Nov. 24 to Dec. 3, customers will get vouchers to spend at IKEA stores, the value of which depends on the condition of the furniture they are selling back.

Customers with"as new" items, with no scratches, will get 50per cent of the original price,"very good" items, with minor scratches, will get 40per cent and"well used", with several scratches, will get 30per cent.IKEA said vouchers will have no expiry date to encourage customers to purchase items only when they are needed.

Last week, IKEA said it sees sales returning to growth this year after the coronavirus crisis boosted shoppers' interest in spending more on their homes, a trend it believes is here to stay.

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