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Shoppers Stop
 | |
| Industry | Retail |
|---|---|
| Founded | 1991 |
| Headquarters | Mumbai, India |
Area served | India |
Key people | B. S. Nagesh (Chairman) Venu Nair (MD & CEO)[1] |
| Services | Department store |
| Revenue | ₹19.30 billion (US$220 million) FY 11-12[2] |
Number of employees | 14,000+ |
| Parent | K Raheja Group |
| Website | www.shoppersstop.com |
Shoppers Stop is an Indian department store chain, owned by the K Raheja Corp. There are 86 stores across 40 cities in India, with clothing, accessories, handbags, shoes, jewellery, fragrances, cosmetics, health and beauty products, home furnishing, and decor products.
History[edit]
The first store was opened in Andheri, Mumbai on 27th Oct 1991.[3]
The company opened its 22nd store at Lucknow in 2006.[4] In 2007, it entered into partnership with Nuance Group AG, and opened stores in Mumbai T1 and Bengaluru Airports.[5]
An e-store with delivery across major cities in India was launched in 2008, with a smartphone app in 2016.[6]
In June 2018, the retail chain underwent a board rejig in which promoter Chandru L Raheja resigned as the non-executive chairman after having served for over two decades.[7]
Chandru Raheja was succeeded by BS Nagesh.
Awards[edit]
Shoppers Stop Ltd has been awarded "the Hall of Fame" and won "the Emerging Market Retailer of the Year Award", by the World Retail Congress at Barcelona, in April 2008.[8][9] Chandru Raheja was succeeded by BS Nagesh.[10]
Shoppers Stop is listed on the BSE and National Stock Exchange of India.[11] As of 2013, Shoppers Stop had 83 stores in India.[12]
Brands Under Shoppersstop[edit]
References[edit]
- ↑ corporate.shoppersstop.com https://corporate.shoppersstop.com/corporate/board-of-directors-new.aspx. Retrieved 17 April 2021.
{{cite web}}: Missing or empty|title=(help) - ↑ [1] BSE.[dead link]
- ↑ "Shoppers Stop plans Rs 1,000 cr turnover by 2004". Financial Express. 20 May 2001.
- ↑ "Shoppers Stop Ltd". Business Standard India. Retrieved 4 April 2018 – via Business Standard.
- ↑ "Shoppers Stop to exit Nuance Group Joint Venture". The Economic Times. 23 August 2017. Retrieved 4 April 2018.
- ↑ www.ETtech.com. "Shoppers Stop to spend Rs 60 Cr on omnichannel strategy in next three years | ETtech". The Economic Times. Retrieved 2 May 2016.
- ↑ "Chandru L. Raheja resigns as Chairman of Shoppers Stop Ltd". 8 June 2018.
- ↑ "World Retail Awards 2008 Winners". World Retail Congress. 10 April 2008.
- ↑ "Govind Shrikhande To Step Down As Shoppers Stop Managing Director". Bloomberg Quint.
- ↑ "Govind Shrikhande steps down as Shoppers Stop managing director". Business Standard.
- ↑ "Corporate Information - Shoppers Stop". Bombay Stock Exchange. scrip: 532638.[dead link]
- ↑ "Shoppers Stop to enter smaller cities". Times of India. 11 August 2010.[dead link]