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Shoppers Stop

Vishal Mirchandani, Chief Business Officer, Purvankara Ltd

Vishal Mirchandani has over 25 years of industry experience in retail, fashion & lifestyle and malls. He has a demonstrated track record of working in the Real Estate & Retail Industry. He is a management professional skilled in Business Strategy, Business Development,...

Amazon in talks to buy 9.5 percent stake in Kishore Biyani-led Future Retail

Online retailer Amazon is in advanced stage of talks to buy around 9.5 percent stake in Kishore Biyani-led Future Retail, according to sources close to PTI. According to a PTI report: A final shape to an agreement between the two...

Retail markets in India: Opportunities in a dynamic world

As the retail industry story unfolds in India, new strategies come to the fore. Recent news of Amazon acquiring a stake in Future Retail is an indication that the strategy will be differentiated given the nature of the market...

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: Experimenting with Smart Mirrors, Interactive Kiosks

Launched in 1991, Shoppers Stop, India’s leading fashion retailer, introduced the Indian consumer to a world-class shopping experience from its flagship store in Andheri (Mumbai). Since its inception, Shoppers Stop has revolutionised the way India shops and has become...

Amazon India announces ‘Amazon Freedom Sale’ from August 09-12

Amazon India is all set to celebrate the country’s spirit of independence with the ‘Amazon Freedom Sale’ from 12 am (midnight) on August 9 to 11:59 pm on August 12, 2018. With over 20,000 deals on Smartphones, Consumer Electronics, Fashion,...

With an eye on growth, Shoppers Stop to add more Amazon kiosks this fiscal

Shoppers Stop expects to grow around 8 per cent this fiscal, as the K Raheja Group retail chain is expanding its sales network by adding new cities and strengthening its e-commerce presence, following Omnichannel strategy, said a top company official....

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 appoints Rajiv Suri as MD, CEO

Retail major Shoppers Stop said it has appointed Rajiv Suri as its Managing Director and Chief Executive Officer with immediate effect. The company, which announced resignation of its MD and long-term associate Govind Shrikhande from the company, said Suri has...

Future Retail Q4 loss at Rs 464 crore

Future Retail has reported a net loss of Rs 463.62 crore for the quarter ended March 31, 2018. According to a PTI report: The company had posted a net profit of Rs 123.05 crore in the same period a year...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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