Shoppers Stop is planning to open the country's largest beauty-related store in Kolkata during the upcoming festive season. The store will be more of a concept than a traditional outlet, with details being kept under wraps for now.
Beauty is an important segment for Shoppers Stop, contributing around 17 per cent to the company's revenue. The company has already launched 11 standalone beauty stores last year and is planning to open 15-20 more such stores every year for the next three years.
In addition, the company plans to open 12-15 departmental stores every year for the same frame. Shoppers Stop is also partnering with Shiseido Asia Pacific Pte., a Japanese firm, to expand the Nars cosmetics brand's footprint in India.
Shoppers Stop is engaged in the retailing business. It runs a chain of departmental stores with brands including Shopper’s Stop, Home Stop, Crossword, Cafes and Restaurants etc.
Company Name | CMP |
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Avenue Supermarts | 4666.40 |
Aditya Birla Fashion | 264.00 |
Trent | 4648.00 |
Future Retail | 2.06 |
Electronics Mart Ind | 224.10 |
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