Shoppers Stop has closed one ‘Shoppers Stop’ store at Shyamala Towers Chennai, due to lower than expected businesses and its low profitability. During the last financial year, the sale from this store was 0.35% of the turnover of the company. With this closure, the company has now 79 Shoppers Stop (including six airport stores) stores under its operations.
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.
