Image for Circular economy: Ikea has pledged to buy back customers’ old furniture

Circular economy: Ikea has pledged to buy back customers’ old furniture

Delayed because of the pandemic, Ikea’s ‘buy back’ scheme is set to launch in the UK at the end of lockdown

Delayed because of the pandemic, Ikea’s ‘buy back’ scheme is set to launch in the UK at the end of lockdown

The world’s largest furniture brand will soon buy used goods from customers as part of a drive to become more sustainable. 

Ikea’s ‘buy back’ scheme was originally due to launch in the UK in November, but was delayed due to the pandemic. The company has said it will reboot the initiative when retail reopens at the end of the current UK lockdown. 

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The ‘buy back’ scheme offers customers up to 50 per cent of the original value of their unwanted items in the form of Ikea vouchers. Ikea will resell the used items. The brand already does this in Stockholm, where it opened its first secondhand furniture shop in 2020.

“The climate crisis requires us all to radically rethink our consumption habits,” said Pia Heidenmark Cook at Ingka Group, Ikea’s holding company.

Main image: Ikea

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