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.
