Shoppers Stop
Indian department store chain
From Wikipedia, the free encyclopedia
Shoppers Stop is an Indian department store chain, owned by the K Raheja Corp. There are 108 stores across 45 cities in India, with clothing, accessories, handbags, shoes, jewellery, fragrances, cosmetics, health and beauty products, home furnishing, and decor products. Shoppers Stop is listed on the BSE and NSE.[3][4]
 | |
| Company type | Public |
|---|---|
| Industry | Retail |
| Founded | 1991 |
| Headquarters | Mumbai, India |
Area served | India |
Key people | B. S. Nagesh (Chairman) Kavindra Mishra (ED & CEO)[1] |
| Revenue |  ₹5,228 crore (US$620 million) (FY24)[2] |
 ₹226 crore (US$27 million) (FY24)[2] | |
| ₹56 crore (US$6.6 million) (FY24)[2] | |
| Parent | K Raheja Corp |
| Website | www.shoppersstop.com |
History
The first store was opened in Andheri, Mumbai on 27th Oct 1991.[5]
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The company opened its 22nd store at Lucknow in 2006.[6] In 2007, it entered into partnership with Nuance Group AG, and opened stores in Mumbai T1 and Bengaluru Airports.[7]
An e-store with delivery across major cities in India was launched in 2008, with a smartphone app in 2016.[8]
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.[9]
Chandru Raheja was succeeded by BS Nagesh.[10]
