30-10-2008, 01:02am
IKEA - founded by Ingvar Kamprad of Sweden. The name IKEA comes from a clever acronym using the initials of the founder, Ingvar Kamprad, who was from a family farm called Elmtaryd, which was near the village of Agunnaryd. The acronym is for a Swedish phrase but it turns out to be the same in English, Ingvar Kamprad's Economical Alternative.