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Ikea given approval to open stores in India
Delhi, India -- A Monday report by Bloomberg said that Ikea has received the go-ahead from the Indian government to open outlets in the country, making it perhaps the first major foreign retailer to set up its own stores in the region.
The Swedish furniture retailer was cleared by the Foreign Investment Promotion Board, according to a statement by Commerce Minister Anand Sharma. The approval is a turnaround for the Indian government which last year barred Ikea from operating cafes and limited retail wares it could sell in stores.
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CraftWorks names Old Chicago president
Chattanooga, Tenn. -- CraftWorks Restaurants & Breweries, owner of the Old Chicago, Rock Bottom and Gordon Biersch banners among others, said Friday it has named Mike Mrlik as SVP of CraftWorks and as president of Old Chicago.
Mrlik is charged with leading Old Chicago’s brand refresh as 55 locations roll out a redesign with an emphasis on ramped-up service and experience.