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INDUSTRY UPDATES

Shoppers Stop Continues Aggressive India Expansion


January 27, 2023 | By Retailers Association of India

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Retail giant Shoppers Stop recently announced that it will be inaugurating 15 department stores each year, along with expanding its beauty and cosmetic standalone outlets.In October this year, Shoppers Stop entered the Bihar market by opening its first store in Patna. This store is 35,000 square feet, and is home to several brands – both national and international. Later in the month, Shoppers Stop opened its first store in Uttarakhand capital Dehradun.Shoppers Stop posted a consolidated net profit of Rs 16 crore in the second quarter of the current fiscal year compared to the same period a year earlier.


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