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Retail news around the globe

Ikea to construct shopping mall in India Ingka Centers, the parent company of Ikea, will open a mixed-used shopping mall in the outskirts of Delhi, India. The company bought a 47,833-square-metre plot of land in Noida, Uttar Pradesh. The construction will cost about US$760 million and it will be finished within seven years.  “Delhi NCR is one of our most important markets in India and we will reach the many people with our beautiful, affordable, well designed and sustainable home furnishi