IKEA

I didn't know it was an acronym. I'm trying to remember what we first bought from IKEA. I'm pretty sure it wasn't small household items. “IKEA” is an acronym. You’d be forgiven for assuming that IKEA is a Swedish word related to furniture. In fact, it’s an acronym that combines the initials of founder Ingvar Kamprad (IK) with the name of the farm where he grew up (Elmtaryd) and a nearby village (Agunnaryd). Kamprad was just 17 when he founded the company in 1943, initially selling small household items — think pens and wallets — rather than beds and sofas. He likely had no idea that there would one day be more than 450 IKEA stores across the globe.