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Govind Shrikhande

Integrated Retail Strategy: Retail Customer Experience

This is the right time to forge strong relationships with customers so that they stick to a brand and keep coming back for more. The time is also ripe to take a look at how leading retailers are innovating...

Shoppers Stop reports Q2 net loss of Rs 21.80 crore

Retail chain Shoppers Stop has reported a standalone net loss of Rs 21.80 crore for the second quarter ended September 30 on account of lower sales and exceptional loss. According to a PTI report: The company had posted a net...

Shoppers Stop sells 5 per cent equity stake to Amazon.com for Rs 179.26 crore

Raheja Group's multi-brand fashion retailer Shoppers Stop Ltd on Saturday announced selling 5 per cent of its equity share (43.96 lakh shares) of Rs 5 face value to e-tail giant Amazon.com at Rs 407.78 per share, aggregating to Rs...

Partnership with Amazon to help Shoppers Stop tap customers

The partnership with e-commerce major Amazon would help Shoppers Stop tap customers from non- metro markets and scale up its financial performance, a top official of the Mumbai-based retailer said. According to a PTI report: The partnership would allow Shoppers...

Shoppers Stop to exit Nuance Group Joint Venture for duty-free airport stores

Shoppers Stop, the fashion and lifestyle retail major has decided to exit the joint venture with Swiss major Nuance Group for duty-free airport stores. "We will exit the JV with Nuance Group in the next two-quarters and we have already...

Hypercity to be profitable in FY19': Govind Shrikhande

Shoppers Stop subsidiary departmental stores chain Hypercity was aiming to be profitable by FY19', a top company official said today. "By the end of the current fiscal year there will be operating profit at the store and Ebita level, while...

Shoppers Stop looks at 12 per cent sales growth in 2017-18

India's leading modern retailer Shoppers Stop Ltd. is looking at 12 per cent sales growth in 2017-18 year and focusing on improving the profitability, a company official said on Tuesday. "For the entire year, we are looking at 12 per...

Shoppers Stop net loss narrows to Rs 3.45 crore

Shoppers Stop has reported narrowing of standalone net loss at Rs 3.45 crore for the first quarter ended June 30. According to a PTI report: The retail company had posted a net loss of Rs 13.56 crore for the same...

Shoppers Stop aims to achieve 20 per cent digitally-influenced sales by 2020

Indian fashion retailer Shoppers Stop has implemented JDA Warehouse Management across four warehouses in order to help it achieve its Omnichannel vision. With warehouses in Mumbai, Bangalore, Kolkata and Delhi, Shoppers Stop now has a powerful warehousing solution that...

Shoppers Stop registers standalone Q4 net loss of Rs 36.06 crore

Retail chain Shoppers Stop has reported a net loss of Rs 36.06 crore on standalone basis for the quarter ended March 31, due to one-time provision for investment impairment considered for its subsidiary Hypercity. The company had posted a net...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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