(Excerpt from: www.ikea.com
The IKEA story began in 1931, when founder Ingvar Kamprad started selling matches to his nearby neighbors at the age of five. Later he would branch out into selling flower seeds, greeting cards, Christmas Decorations, and eventually, furniture. The name IKEA is an acronym for Ingvar Kamprad Elmtaryd Agunnaryd. This mouthful is derived from the founder's name, the name "Elmtaryd" (the farm on which he was raised) and "Agunnaryd", the nearest village.
(AP Photo/Carlos Osorio)