Hypercity Archives - Inside Retail Asia

Amazon India given nod to sell groceries

Amazon India has secured government approval to stock and sell food and groceries.

Indian retailer reverses losses

One of India’s more prominent retail groups returned to the black in the September quarter. Shoppers Stop owns hypermarkets, Crosswords bookstores, Timezone entertainment arcades and several joint venture branded retail chains including Mac cosmetics and Mothercare. It has reported a profit of Rs.378 million (US$615,500) last quarter as against post-tax loss of Rs.100.1 million in the June quarter and Rs.318 million in the September 2013 quarter. “Things have taken a turn for the bette…

Shoppers Stop unstoppable

India’s large format department store chain Shoppers Stop ramps up expansion.