Shoppers Stop Q3 FY'14 gross retail sales jumps 16%

31 Jan '14

4 min read

During the quarter, Home Stop won the ‘GIA Award’ from the International Home Ware Association (IHA), Chicago. Shoppers Stop won the runner up BestPrax Prize for the project “Innovative Eco Friendly Practices" under Category Quality & Innovation during the 25th Qimpro Convention and also bagged "The Silver Award" for the Viviana Store design at the ‘DESIGNOMICS AWARDS’ in the Retail Departmental Store Category.

Shoppers Stop and its invested retail companies operate the following number of stores/doors as on December 31st, 2013:

Mixed Retailing:

HyperCity – Currently has 15 stores, spread over an area of 12.86 lacs sq ft.

Key Highlights of performance:

-Sales up by 15%

-Like to like sales growth 1%

-Margin growth 30 basis points with Fashion share @ 12.9%.

Fashion & Home Retailing:

-Shoppers Stop – Currently has 65 stores in 31 cities

-HomeStop (Home Décor) – Currently has 18 stores in 12 cities

About Shoppers Stop Ltd

Shoppers Stop Ltd., a pioneer in modern retailing in India, has been promoted by K Raheja Corp. Group (Chandru L. Raheja Group), one of the leading groups in the business of real estate development and hotels in the country. Shoppers Stop Ltd along with its Subsidiaries Crossword Bookstores Ltd and Hypercity Retail (India) Ltd; and Joint Venture Companies Timezone Entertainment Pvt. Ltd and Nuance Group (India) Pvt. Ltd. operates more than 54.36 lacs sq ft in the country.

Shoppers Stop

More Shoppers Stop News... More Apparel/Garments News - India...