Ikea was shut out of India for years. Now it's going big [CNN]
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Source: CNN
Ikea was shut out of India for years. Now it's going big Before moving to India, John Achillea managed an Ikea store in St. Louis, Missouri, that got 1.6 million visitors a year. That was nothing. Achillea, who started working for Ikea in 1996, is now racing to open the brand's first location in India. He expects the debut store in Hyderabad to get 7 million visitors a year -- on a par with the population of Hong Kong. "In India, because of the sheer size of the population ... the potential numbers are much, much higher," he told CNNMoney on Monday. The new 400,000-square foot store, which could open within a matter of weeks, has been designed to accommodate massive crowds. "We have bigger door frames, we have wider entrances," said Achillea. Related: Ikea bans all single-use plastic from its stores and restaurants The Swedish furniture giant has sourced materials for its global operations from India for around three decades. But it has been prevented from opening stores because o
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