Zara Shuts Down Flagship Mumbai Store With Rs 2.25 Cr Monthly Rent
The reports state that the monthly rent of the store was Rs 2.25 crore with a deposit of Rs 13.5 crore
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IKEA To Shut Down Its R City Mall Store In Mumbai
- by BW Retail World Bureau
- February 24, 2024
Swedish furniture company IKEA said on Thursday that it will close its shop in Mumbai’s R City Mall by the middle of the year owing to layout, design and location limitations. The 70,000-square-foot store, which debuted in June 2022, provides a limited variety of IKEA products, according to the release. “IKEA has taken a strategic business […]