KEA will open its first second-hand store selling refurbished furniture in Sweden later this year, the company said Friday, part of its effort to become a fully circular business by 2030.
The store will open in the world's first second-hand shopping center in the town of Eskilstuna, called ReTuna.
The Swedish company has previously said it would start renting and recycling furniture worldwide as part of an eco-friendly drive to address concerns its affordable, flat-pack business model leads to overconsumption and waste.
Read also: IKEA in West Bandung to feature MSME products: Regent
"If we are going to reach our sustainability goals we need to challenge ourselves and test our ideas in practice," IKEA Sweden's sustainability director Jonas Carlehed said in a statement.
The company aims to reduce its overall climate impact by 70 percent on average per product by 2030.
The second-hand store, which is a test project that will be re-evaluated regularly, will be supplied with furniture and home furnishings from a nearby IKEA store that have been damaged and repaired.
The company has already begun repairing and re-packaging products in every store that have been damaged in transit, as well as allowing customers to return products -- including furniture -- for resale or donation to charities.
In 2019, IKEA launched a pilot project on some markets leasing furniture.
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