Shoppers Stop: Difference between revisions

Shoppers Stop Limited
Company type	Public
Traded as	BSE: 532638; NSE: SHOPERSTOP;
Industry	Retail
Founded	1991
Headquarters	Mumbai, India
Area served	India
Key people	B. S. Nagesh (Chairman); Kavindra Mishra (ED & CEO)
Services	Department store
Revenue	₹19.30 billion (US$230 million); FY 11-12
Number of employees	14,000+
Parent	K Raheja Corp
Website	www.shoppersstop.com

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Revision as of 11:12, 17 March 2024

Former logo of Shoppers Stop used prior to 2008

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

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.^[8]

Awards

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.^[9]^[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]

Competition

References

^ "Board of Directors". corporate.shoppersstop.com. Retrieved 30 August 2022.
^ [1]BSE. Archived 29 October 2013 at the Wayback Machine
^ "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.
^ "Govind Shrikhande steps down as Shoppers Stop managing director". Business Standard.
^ "World Retail Awards 2008 Winners". World Retail Congress. 10 April 2008.
^ "Govind Shrikhande To Step Down As Shoppers Stop Managing Director". Bloomberg Quint.
^ "Corporate Information - Shoppers Stop". Bombay Stock Exchange. scrip: 532638. Archived from the original on 1 February 2010. Retrieved 13 January 2009.
^ "Shoppers Stop to enter smaller cities". Times of India. 11 August 2010.^{[dead link‍]}

External links

Official website

[1] "Board of Directors". corporate.shoppersstop.com. Retrieved 30 August 2022.

[2] [1]BSE. Archived 29 October 2013 at the Wayback Machine

[autogenerated-3] "Shoppers Stop plans Rs 1,000 cr turnover by 2004". Financial Express. 20 May 2001.

[4] "Shoppers Stop Ltd". Business Standard India. Retrieved 4 April 2018 – via Business Standard.

[5] "Shoppers Stop to exit Nuance Group Joint Venture". The Economic Times. 23 August 2017. Retrieved 4 April 2018.

[6] 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.

[7] "Chandru L. Raheja resigns as Chairman of Shoppers Stop Ltd". 8 June 2018.

[8] "Govind Shrikhande steps down as Shoppers Stop managing director". Business Standard.

[autogenerated2-9] "World Retail Awards 2008 Winners". World Retail Congress. 10 April 2008.

[10] "Govind Shrikhande To Step Down As Shoppers Stop Managing Director". Bloomberg Quint.

[autogenerated3-11] "Corporate Information - Shoppers Stop". Bombay Stock Exchange. scrip: 532638. Archived from the original on 1 February 2010. Retrieved 13 January 2009.

[autogenerated1-12] "Shoppers Stop to enter smaller cities". Times of India. 11 August 2010.^{[dead link‍]}

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 [[File:Shoppersstoplogo.png|frame|Former logo of Shoppers Stop used prior to 2008]]
-'''Shoppers Stop''' is an Indian retail chain established in 1991 and owned by the K. Raheja Corp Group. The company operates department stores across India, offering a diverse range of products including apparel, accessories, cosmetics, fragrances, and home décor items. As of December 31, 2023, Shoppers Stop operates 107 department stores across 56 cities. The company has shown consistent growth since its inception, expanding its presence in various regions throughout India. Shoppers Stop aims to provide customers with a comprehensive retail experience, offering a wide array of products to meet diverse consumer needs.
+'''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.
-'''Global SSBeauty Brands Limited''' functions as a subsidiary of Shoppers Stop, specializing in curating and providing an expansive assortment of beauty and cosmetic products to customers across India. This subsidiary was established in response to the growing demand for premium beauty brands, positioning Global SSBeauty Brands Limited as a significant player in the beauty retail sector. Committed to offering a curated collection, Global SSBeauty Brands Limited provides a diverse range of international and domestic beauty brands, spanning categories such as skincare, makeup, haircare, and fragrances. The company prioritizes quality and innovation, ensuring that customers have access to the latest trends and cutting-edge products in the realm of beauty and cosmetics.
 ==History==