Instead of shopping this Black Friday, how about selling? In time with the retail holiday, IKEA is launching a "Buy Back" program that will let customers sell back their used furniture to its stores around the world in exchange for store credit. The new initiative, which aims to help reduce the number of home furnishing products thrown out, is part of IKEA's push to promote sustainable living.
"On one of the biggest shopping days of the year, we want to change the conversation from one of mass consumption to mass circularity, and show how sustainable living can be easy and affordable for everyone," said Melissa Barbosa, Head of Sustainability, IKEA Canada.
The program is set to launch in mid-November in 27 countries, including the U.K., Canada, France, Australia, Japan, and Italy, the New York Times reports. Unfortunately, it won't be available in the U.S. While the Buy Back program in most of the locations will run for a limited time, it doesn't have in end date in Ireland or Britain.
According to the New York Times, how much credit you get back in a voucher depends on the condition of your IKEA furniture. Furniture in new condition with no scratches can receive up to 50 percent of the original price. Items in very good condition with minor scratches can receive up to 40 percent. And well-used items with a few scratch will get 30 percent. The items accepted will be resold as second hand items, and anything that can't be sold will be recycled.
So what kinds of items will be accepted in the Buy Back program? Some of the eligible items include dressers, bookcases, dining tables, desks, and chairs without upholstery. Here's hoping the program is a success—and IKEA brings it to the U.S.
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