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Shoppers Stop’s Q4 net profit falls 45 pc to Rs 11.45 crore

Retail chain Shoppers Stop Wednesday reported nearly 45 percent decline in its standalone net profit at Rs 11.45 crore for the March quarter of FY19.The company had posted a net profit of Rs 20.78 crore in the same quarter...

Shoppers Stop Q2 net profit at Rs 13.20 crore

Retail chain Shoppers Stop Friday reported a standalone net profit of Rs 13.20 crore for the second quarter ended September 30, 2018.According to a PTI report: The company had posted a net loss of Rs 21.80 crore in the...

Shoppers Stop bets big on Omnichannel strategy; aims to be debt-free by end FY2018-19

Brick-and-mortar retailer Shoppers Stop is betting big on an Omnichannel retail strategy -- a combination of physical stores and online site -- to grow its business and aims to be completely debt-free by the end of this fiscal.According to...

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...

Raymond Home forays in the Indian market

Pankaj Saxena, Business Head, Raymond Home shares key insights into the home textile business and how Raymond Home is looking for robust growth in this category. Raymond Limited – India’s leading Textile and Apparel Company forayed into the organized Indian...

Shoppers Stop to invest Rs 60 cr to boost omni-channel strategy

Department store chain Shoppers Stop is to invest Rs 60 crore in the coming three years and also plans to generate 15 per cent revenue through its digital touch points by 2020. The retailer operates 72 stores currently and...

Shoppers Stop to invest Rs 50 crore in ramping up online operations

Shoppers Stop reportedly plans to invest Rs 50 crore in its e-commerce business and is targeting to generate 10% of its annual turnover from online retail. The company will deploy the resources to scale up infrastructure, software, people and...

Home solution retailers revive expansion plans

After years of operating in the red, India's leading furniture and home solution retailers have revived their expansion plans, riding on increasing demand and real estate market which has bounced back. Lifestyle retail chain Shoppers Stop told analysts last...

Shoppers Stop set to put Hypermart on profit path

Retail major Shoppers Stop (SSL), which recorded a 39 per cent drop in its net profit during the fourth quarter (Q4) of the financial year 2010-11, plans to adopt a two-fold strategy to improve its bottom line in the...

Shoppers Stop eyes home furnishing in small towns

HomeStop, the home concept store from domestic retail major Shoppers Stop, is eyeing the growing furnishing and interiors segment in Tier-II and III towns apart from metros.The growing apartment culture in cities and the concept of nuclear families and...
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51% of buyers frustrated by poor customer service: Report

51% of respondents highlighted poor customer service as the leading issue concerning kitchen appliancesNew Delhi: Brands dealing in...
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