India leading retailer Shopper's Stop announces addition of 40 new medium and large-format stores ac

India leading retailer Shopper’s Stop announces addition of 40 new medium and large-format stores across India in the next four years that could entail an investment of over Rs 500 crore. This fiscal, the company will invest about Rs 180 crore for opening up to 12 departmental stores under the Shoppers Stop brand and four HyperCity hypermarkets. The retailer, which clocked a turnover of Rs 1,578 crore last fiscal, also said it expects sales to touch Rs 1,800 crore this financial year. Magnification of Shopper’s Stop stores across the country is an opportunity for signage companies like in-store media majors, PSPs, fabricators, sign suppliers and others.