How many Shoppers Stop stores in India?
Shoppers Stop is an Indian department store chain, owned by the K Raheja Corp. There are 86 stores across 40 cities in India, with clothing, accessories, handbags, shoes, jewellery, fragrances, cosmetics, health and beauty products, home furnishing, and decor products.
Is shoppers stop closing down?
Due to the challenging economic environment, Shoppers Stop has been closing down its loss-making stores and opening new ones at strategic locations to fuel future growth of the company. The company has set aside an investment of Rs 150 crore on the upgrade and opening of new format stores.
Who is the CEO of Shopper Stop?
Venu Nair (Nov 6, 2020–)
Shoppers Stop/CEO
Shoppers Stop aims to double its business in 3-4 years, be debt-free by December: MD & CEO Venu Nair. Shoppers Stop has lined up aggressive growth plans for each of its business segments and expects to double its business in 3-4 years, Venu Nair, MD & CEO, said.
When was Shoppers Stop launched?
October 27, 1991
Shoppers Stop/Founded
Is Shoppers Stop profitable?
For the fiscal 2018-19, Shoppers Stops standalone net profit jumped to Rs 78.75 crore from Rs 11.60 crore in the year ended March 2018. The total income stood at Rs 3,499.19 crore in FY 2018-19 as against Rs 3,607.51 crore in the previous fiscal.
Is shoppers stop a retail industry?
An Indian retail sector major Shoppers Stop Limited (SS) opened its door in the year 1991 the foundation was made by K Raheja Corp and it was incorporated on 16th June 1997 as a private limited company. It started operations with the first store in suburban Mumbai.
Does Shoppers Stop have original products?
100% Original Guaranteed: We are responsible for what we sell. All our products are sourced directly from the brands and carry brand warranty and genuineness certificate. 6. Get personalized shopping assistance by following our Style Hub which is curated with latest fashion trends and suggestions.
Who is the owner of Shoppers Stop department store?
Shoppers Stop is an Indian department store chain, owned by the K Raheja Corp Group.
Which is the first Shoppers Stop store in India?
The first store was opened in Andheri, Mumbai on 27th Oct 1991. The company opened its 22nd store at Lucknow in 2006. In 2007, it entered into partnership with Nuance Group AG, and opened stores in Mumbai T1 and Bengaluru Airports.
When did Shoppers Stop win the Hall of Fame?
Shoppers Stop Ltd has been awarded “the Hall of Fame” and won “the Emerging Market Retailer of the Year Award”, by the World Retail Congress at Barcelona, in April 2008. Chandru Raheja was succeeded by BS Nagesh.