IKEA Richmond is now open for business



    IKEA Richmond Co-Workers Ratify a Six Year Agreement

    RICHMOND, BC, Sept. 10 /CNW/ - For over 8 months, IKEA Richmond has been
bargaining in good faith with the union representing the co-workers and is
pleased to announce that IKEA co-workers have ratified an agreement on Sunday
that will see them return to work today, Monday, September 10th, 2007.
    The agreement dissolves the two-tiered wage structure in Richmond by the
end of the 6 year contract. IKEA Canada is proud of its highly competitive
total compensation program across Canada. This new agreement for Richmond will
mirror the current non-union wage structure, which currently exists in all
stores across Canada. This offer was very similar to the same proposal
presented to the union on August 24.
    IKEA believes this is a fair and equitable agreement and highly
competitive within the retail industry. This offer, in addition to full
employer paid family benefits for part-time and full-time co-workers along
with other unique IKEA benefits illustrates IKEA's commitment to being a good
company to work for, and positions our co-workers for future growth and
development.
    "I'm thrilled that our Richmond co-workers have agreed to this proposal
and we will be opening our doors to the Richmond store today," says Doug
McCann, store manager for IKEA Richmond. "I would also like to take this
opportunity to thank our Richmond customers for their support during this
difficult time. We appreciate your patience and we look forward serving you in
the near future."

    About IKEA
    ----------
    IKEA is a leading home furnishings retailer with 260 stores in 36
countries worldwide, which are visited by 522 million people every year. IKEA
Canada has 11 stores which are visited by over 25 million people every year.
Last year the ikea.com websites attracted 450 million visitors. Founded in
1943, IKEA's business philosophy is to offer a wide range of products of good
design and function at prices so low, the majority of people can afford them.
For more information on IKEA, please visit: www.ikea.ca.





For further information:

For further information: Doug McCann, Store Manager for IKEA Richmond is
available for interviews. To arrange an interview please contact: Debbie
McDowell, Corporate Communications Manager, IKEA Canada, (905) 637-9440 x 267,
debbie.mcdowell@memo.ikea.com


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