IKEA is getting into the secondhand furniture game this winter as part of a push to make the company more sustainable. Under their new Buy Back initiative, the furniture giants will buy back any old (fully assembled) pieces including sideboards, bookcases, tables, chairs, desks and shelving in exchange for vouchers. The amount depends on the condition of the furniture, so for anything still in good nick you’d get 50% of the original value and 30% for well-used and scratched pieces.
The secondhand items will then go on sale in stores at the price it was bought back for and anything that cannot be resold will get recycled. The scheme, which launches on Black Friday in the UK, is one of the ways that IKEA is trying to build a circular business model, and as the world’s biggest furniture chain it’s a good example to set. So if you’ve got an old Billy bookcase knocking about, you could be quids in.
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Launches Fri 27th November 2020