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IKEA Eyes Specialty Grocery Market

7/12/2005

Plymouth Meeting, Pa., Swedish home-furnishings retailer IKEA has announced it will move into the grocery market next year with its own-label products. The company plans to offer mainly Swedish fare, including roll-mop herring and smoked elk sausage.

The announcement follows Wal-Mart’s announced plans to expand operations into the rest of Europe.

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