Shoppers’ Stop (Mumbai, India), one of the leading department store chains in the growing India retail market, has joined The National Retail Federation (Washington, D.C.), the third international member to join the U.S.-based retail trade association in the last five months.
Shoppers’ Stop has 13 stores — in the major Indian cities of Mumbai, Bangalore, Hyderabad, Jaipur, Delhi, Chennai and Pune — with plans to open four to six per year. According to an exclusive report in the August issue of VM+SD, Shoppers’ Stop has an average weekly customer entry of about 25,000, and over 30,000 square feet of retail space with over 150 brands. The company opened four new stores in 2002. It has never yet been forced to close a store.
The other two new international NRF members are Farmacias Vivian (Santo Domingo, D.R.) and Riot Art & Craft (Moorabbin , Australia).