IKEA, the world's largest home-furnishing retailer, is counting on record store openings to boost sales by about 10% next year because European demand may not revive till the end of 2004, said chairman Hans-Goeran Stennert.
It plans to open 16 to 20 new stores in Asia, Europe and the United States next year, the most in its 60-year history. Some of the Asian outlets will be operated by franchisees outside the Ikea group.
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