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LatinNews Daily - 20 November 2020

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In brief: Ikea to open first physical store in Mexico

* Multinational furniture retailer Ikea has announced it will open its first physical store in Mexico in early 2021 at the Encuentro Oceanía city mall in Mexico City (CDMX). CDMX governor Claudia Sheinbaum tweeted that the shop will generate 14,000 direct jobs and represents an investment of over M$1.3bn (US$64.5m).