, Columnists
Amazon's Pocket Change Indian Deal
Shoppers Stop can become a test bed for what works and what doesn't.
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Pity Wal-Mart Stores Inc., Tesco Plc and Carrefour SA.
The three Western supermarket giants have plonked down hundreds of millions of dollars over the past decade to expand their retail chains across India. Now Amazon.com Inc. is about to establish a larger bricks-and-mortar presence than all three combined at a cost of just $28 million.