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Shoppers Stop to boost profitability by launching international, celebrity brands: Report

06 Jul 2018 Evaluate

Shoppers Stop is reportedly planning to revive growth and boost its profitability by doubling its contribution from higher margin private labels, launching international and celebrity brands, strengthening management team and renovating several stores.

Currently, the company is in transitional stage and has been struggling to keep up with online and offline rivals reporting a fall in its sales growth and footfalls in 2017-18.

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 3809.70
Trent 2597.40
Vishal Mega Mart 99.60
PN Gadgil Jewellers 581.90
Aditya Birla Life 74.43
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