Faced with competition from the e-market places, department store chain Shoppers Stop is planning to strengthen its online business, which will later be integrated with the physical stores. In this regard, the Raheja-owned chain is planning to invest Rs 50 crore over the next two years to develop ‘omni-channel’ - a multi-channel approach to sales to provide customers with a seamless shopping experience regardless of whether she or he is shopping online or in person at a bricks-and-mortar store. Heavy advertising by e-commerce portals had affected the sales growth of Shoppers Stop in the third quarter of FY15.
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 |
|---|---|
| Avenue Supermarts | 4605.65 |
| Trent | 4242.85 |
| Vishal Mega Mart | 118.55 |
| Aditya Birla Lifesty | 104.70 |
| PN Gadgil Jewellers | 669.85 |
| View more.. | |
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