Shoppers Stop informs about business updates

Shoppers Stop has informed that the Company has closed its HomeStop store at Malviya Nagar Jaipur, due to lower than expected business and its low profitability. The sale from this store for the last financial year was Rs 738 lacs, which is 0.2% of the turnover of the Company. With the closure of this store, the Company has now 18 HomeStop stores under its operations.

The above information is a part of company’s filings submitted to BSE.