Shoppers Stop targets 15% sales from digital medium by 2020

Last Updated: Friday, July 3, 2015, 17:20

"We plan to invest approximately Rs 60 crore in our omni-channel efforts over the next three years, and target 15 per cent revenues through the digital medium by 2020," Shoppers Stop Managing Director Govind Shrikhande said here.

Flipkart ties up with three major home retailers

Last Updated: Thursday, July 2, 2015, 15:40

E-commerce giant Flipkart today announced a strategic partnership with three of the country's largest home retail brands--Home Town (Future group), HomeStop (Shoppers Stop) and @Home.

Shoppers Stop, Walmart to expand stores

Last Updated: Tuesday, February 10, 2015, 22:06

Organised retailers like Shoppers Stop and Walmart have drawn up huge investment plans to expand their physical and online presence as the industry faces dwindling sales and profits.

Shoppers Stop Q2 net profit up 55.32% at Rs 9.91 cr

Last Updated: Friday, October 25, 2013, 18:07

The company had posted net profit of Rs 6.38 crore in the the July-September quarter of last fiscal, 2012-13.

Shoppers Stop Q3 net down at Rs 17.09 cr

Last Updated: Tuesday, January 29, 2013, 22:01

Retail chain Shoppers Stop Tuesday reported a 11.4 percent decline in standalone net profit at Rs 17.09 crore for the third quarter ended December 31, 2012.

Retail stocks gain 7% ahead of vote on FDI in Parliament

Last Updated: Wednesday, December 5, 2012, 19:34

Retail stocks, led by Shoppers Stop, Wednesday surged up to 7 percent on optimism that the government would succeed in getting Parliament approval to its decision to allow foreign investment in the sector.

Anil Ambani firms buy 17.40 lakh shares in Shoppers Stop

Last Updated: Wednesday, June 20, 2012, 20:51

Reliance Capital Asset Management purchased 10 lakh shares in Shoppers Stop, while Reliance Capital Trustee Company bought 7,40,500 shares of the retail entity, according to bulk data available with stock exchanges.

Shoppers Stop tweaks Hypercity model in pursuit of turnaround

Last Updated: Monday, February 20, 2012, 16:33

The K Raheja Group firm Shoppers Stop Ltd (SSL) is changing business model for its loss making hypermarket stores, Hypercity as the format has taken longer than expected to become profitable.