Shoppers Stop receives the ‘Golden Peacock Eco-Innovation Award’


Shoppers Stop has been presented with the "Golden Peacock Eco-Innovation Award". A benchmark of corporate excellence, the award is designed to encourage systemic innovation in organizations to develop products and services in a cost-effective manner that are consistent with the society’s goal of sustainable development.

Golden Peacock Awards, instituted by the Institute of Directors, India in 1991, are now regarded as a benchmark of Corporate Excellence worldwide.

Shoppers Stop is the only Indian member of IGDS (Intercontinental Group of Departmental stores) along with 29 other experienced retailers from all over the world. Mr. B.S. Nagesh, Customer Care Associate & Vice Chairman, Shoppers Stop Ltd, has been recognised as an iconic retailer and was inducted into the World Retail Hall of Fame 2008. Mr.Nagesh is the only Indian retailer to take a significant place alongside more than 100 stalwarts of the global retail industry, which includes veterans like Sam Walton of Wal-Mart, Giorgio Armani, Jack Cohen of Tesco, Simon Marks and Israel Sieff of Marks & Spencer; Ingvar Kamprad of Ikea, amongst others. CMAI felicitated the ‘Golden Scale Trophy’ to Mr.Nagesh in honour of this achievement.

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