Click here to view full article NEW DELHI—The IKEA Group’s 1.5 billion euro ($2 billion) proposal to open stores in India–one of its largest untapped markets–hit a bump Monday with
Government of India
By Rumman Ahmed Indian retailers saw a fledgling recovery in sales toward the end of 2012, raising hopes of better fortunes in 2013. Sales were tepid for most of 2012
India is on track to approve a bid by Swedish furniture giant IKEA to open its trademark blue-and-yellow stores in the country as it seeks big new markets for its
Britain’s largest footwear maker, Clarks International, will tap Tier-II and III cities along with pushing its newly opened online store to help India become a top-five market for the group.
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