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Shoppers Stop and Nuance Group announce airport retail JV

Indian retailing major Shoppers’ Stop Ltd. and international airport retailer The Nuance Group AG have announced a joint venture for entering the duty-free retail market at Indian airports. The equally owned joint venture, Nuance Group (India) Pvt. Ltd, is...

Shoppers’ Stop and Nuance ink JV for airport retail

Shoppers’ Stop and Nuance Group AG have formed a joint venture to bid for contracts to set up duty-free retail outlets in Indian airports. BS Nagesh, MD, Shoppers’ Stop, said, "The company's foray into airport retailing will be 'an...

Retailers opt for new marketing strategies

Increasing competition is forcing retail chains in India to strengthen their brands. As a post Bharti-Wal Mart JV impact, all major brands like Pantaloon, Shopper's Stop, Ebony, and Trent, have increased their marketing budgets, and are devising innovative marketing...

Consumer on a spending spree

Average consumer spending in India increased by about 42 per cent, primarily due to increase in the disposable income. Adding an impetus to this upward trend, is the rapid shift of the Indian retail industry from an unorganized structure...
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Avenue Supermarts shares plunge over 8%

In terms of volume, 48.77 lakh equity shares of Avenue Supermarts were traded on the NSE and 1.41 lakh...
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