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    Shoppers Stop experiences 12 pc decline in footfalls post Mumbai attack

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    Commenting on media reports that said is planning to sell some of its stake in one of its retail chain’s – , the company’s managing director denied any such plans.

    Shopper Stop aims to achieve 20 per cent digitally-influenced sales by 2020
    They selected JDA Warehouse Management given its scalability, efficient processing and flow-through distribution capabilities it needed to meet the demands of the highly competitive retail environment

    However, Nagesh accepted that there has been at least 12 per cent decline in the footfalls and sale at Shoppers Stop outlets in Mumbai after the terror attacks. Nevertheless, he speculated that sales would soon see an uptake as soon as window shoppers return to malls.

    —IndiaRetailing Bureau