News Summary

• Ikea has spent five years growing its buyback and resell division.
• The company pays customers for their old Ikea-brand furniture in store credit.
• In September, the option will be available in every full-format US Ikea store.
• The buyback program has taken back about 53,000 items over the past five years, an Ikea spokesman said.
• It's become a bigger business over the last several years, from side-hustlers selling clothes on marketplaces like Depop to major brands like REI selling used outdoor gear.