India. Amazon expands into department stores

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In India, the Shoppers Stop department store chain (83 department stores, 13 HomeStop stores and 102 beauty stores, annual sales averaging US$600 million in the year to March 31, 2018) revealed Amazon as an unexpected new tenant. It has already opened 6 Amazon “corners” in its department stores, which sell exclusive products such as Kindle, Alexa and Echo. The firm noticed a considerable traction and is now planning to add 4-5 kiosks by March 2019. As part of the deal, Shoppers Stop receives re

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