At the time, cash-and-carry furniture was unheard of, as was the idea that all Ikea products--from furniture to the now famous mobile kitchens--could be packed in flat, stackable .
By operating on a cash-and-carry basis, Ohrbach's keeps its operating expenses down to 17% of sales (v.
Furthermore, the cash-and-carry format allows Bharti and Walmart to co-opt a part of the competition the mom-and-pop, or kiryana, stores by turning them into customers.
Sunil Mittal in Reuters The joint venture with equal stakes will operate in areas where the government allows foreign investment in retail like cash-and-carry and logistics,Bharti Enterprise Chairman Sunil Mittal said. "The retail shops will be owned by Bharti...