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Govind Shrikhande

Shoppers Stop opens third store in Bengaluru

Shoppers Stop has opened its store in Mantri Square mall at Bengaluru. It is the third store of Shoppers Stop in the silicon city, which is spread over an area of 42,698 square feet.Further, the company has also revealed...

Shoppers Stop enters Punjab

Shoppers Stop opened its 60,000 sq.ft store in AlphaOne mall, Amritsar, recently. In an exclusive interview with Indiaretailing, Govind Shrikhande, customer care associate, president and CEO, Shopper’s Stop Limited says, "Amritsar is rapidly emerging as a cosmopolitan city of...

Shoppers Stop to raise funds via share sale

Indian retailer Shoppers Stop Ltd. expects to raise more than 2.50 billion rupees ($54.1 million) via a proposed share sale partly for setting up stores as consumer spending improves after a slump last year."The way we see it, the...

Shoppers Stop to raise funds

Department store Shoppers Stop is planning to raise funds to acquire 32% in group firm and hypermarket chain Hypercity, a top official said. The company is looking at generating Rs 1 billion to Rs 1.2 billion rupees (USD 21.6...

Shoppers Stop adds Mustang to its brand offering

Shopper's Stop Limited, in an exclusive retail arrangement with the German jeanswear and lifestyle brand, will merchandise Mustang at its department stores through shop-in-shops (SIS). On the onset, five SIS of Mustangwill start operations within this financial year ending...

Same-store growth at Shopper’s Stop dips

Same-store sales growth across formats of the Raheja-owned Shopper’s Stop Ltd, which runs department stores and speciality outlets, further dipped to 7.5 per cent in first quarter of the financial year 2010, as consumers continued to spend less on...

Shoppers Stop plans 12 new stores over 3 yrs

Department store chain Shoppers Stop plans to open 12 more outlets with a total area of 650,000 sq ft in the next three years by taking advantage of the fall in mall rentals, reversal of service tax thereon and...

Shoppers Stop Q3 gross retail turnover at Rs 3732 mn

India’s prominent retail group Shoppers Stop have reported a 9 per cent increase in gross retail turnover to Rs 3732 million in the quarter ended December 31, 2008 as compared to Rs 3412 million for the same period last...

Shopper’s to double stores; unveils new logo

Shopper’s Stop, one of the leading fashion and lifestyle retailers, has chalked out Rs 1,500 crore investment plans to double its number of stores in next three years, the company’s managing director BS Nagesh told media while unveiling the...

Budget 2008: Retailers left asking

“Our demands have not been addressed, as they should have been,” chorused the retail fraternity of India while sharing their take on Budget 2008 with Indiaretailing.Future Group: Kishore Biyani, CEO, Future Group, says that if farmers and income tax payers...
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