Home / Knowledge / News / Apparel/Garments / Shoppers Stop Q3 FY'14 gross retail sales jumps 16%
Shoppers Stop Q3 FY'14 gross retail sales jumps 16%
Jan '14
Shoppers Stop Ltd, India’s prominent retail group (operator of large format department stores, home stores, specialty stores like Crossword, Mothercare, M.A.C, and hypermarkets) reported a gross retail turnover of Rs.787.5 crores for the quarter ended December 31st, 2013 as against Rs.677.7 crores in the corresponding period last year; up 16%. Net Profit stood at Rs. 17.3 crore for the quarter ended December 31st, 2013. 
Highlights of Q3FY14 
-Gross Retail Turnover touches Rs.787.5 crores; a jump of 16% over Q3FY13 
-Like-to-like growth at 5.5% 
-EBIDTA at Rs.52.6 crores a growth of 16% over Q3FY13 
-1,23,834 members added to First Citizen Loyalty Programme 
-Crossed 5.1 million fans on Facebook 
-Total stores added in the quarter: 4 Shoppers Stop stores, 1 HyperCity store, 3 HomeStop stores, 2 Clinique doors, 2 M.A.C doors, and 3 Crossword stores. 
With 65 stores across 32 cities in India, Shoppers Stop continues to grow and expand its retail footprint. This quarter, SSL added 4 new Shoppers Stop stores in Raipur, Hyderabad, Chennai and Jaipur international airport, 1 HyperCity store in Hyderabad, 2 M.A.C doors in Surat and Kolkata, 2 Clinique doors in Surat and Kolkata, 3 HomeStop stores, 2 in Bengaluru and one in Hyderabad and 3 Crossword stores in Jaipur, Pune and Cochin. 
Driving ahead its successful Loyalty programme, SSL continued to expand its membership base adding more than 1,23,834 new members to the First Citizen Loyalty Programme in Q3 FY14. The programme now has a total First Citizen base of over 32.12 lac members. 
Speaking on the financial performance, Mr. Govind Shrikhande – Customer Care Associate & Managing Director, Shoppers Stop Ltd. said, “Q3 is the peak festive shopping quarter for retailers with the festive season starting in October and continuing all the way till Christmas & New Year celebrations in December. We have witnessed a healthy Sales and EBIDTA growth of 16% during this quarter. Our focus remains on expansion in the department store category and achieving profitability in HyperCity. We are also looking at higher visibility from our Social Media initiatives. Our Facebook Fan club has crossed over 5.1 million fans and our loyalty franchise ‘First Citizen Programme’ continues to grow its member base while contributing significantly to the top-line.” 

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Textiles | On 27th Oct 2016

Fischer Konzept installs sixth Zünd digital cutter

Fischer Konzept, German developers of individual packaging solutions...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search