Shoppers Stop to establish 12-15 department stores every year for next 3 years

Shoppers Stop an Indian department retail chain has come up with a plan of expansion drive. The retail has decided to establish 12-15 department stores with every coming year this would be continued for the upcoming 3 years with the plan of further introduction of standalone beauty stores.

“India is growing, the market is evolving and the opportunity is huge.

“We have committed to open between 12-15 department stores every single year for the next three years and 15-20 beauty stores every single year for the next three years,” said Venu Nair, managing director and CEO, Shoppers Stop, at an even organised by the Merchant Chamber of Commerce.

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