MoneyWorks4Me

Shoppers Stop shuts-down one HomeStop store in Coimbatore

02 Apr 2018 Evaluate

Shoppers Stop has closed its HomeStop store at E-City Mall, Coimbatore due to lower than expected business and its low profitability. The sale from this store for the last financial year 2016-17 was Rs 488.93 lakh, which is 0.12% of the turnover of the company. With the closure of this store, the company has now 13 'HomeStop' 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.

Peers
Company Name CMP
Avenue Supermarts 3687.90
Trent 2804.40
Vishal Mega Mart 101.50
PN Gadgil Jewellers 613.50
Aditya Birla Life 83.43
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