# Shoppers Stop > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Shoppers_Stop > Markdown URL: https://mediated.wiki/source/Shoppers_Stop.md > Source: https://en.wikipedia.org/wiki/Shoppers_Stop > Source revision: 1333344709 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) {{Short description|Indian department store chain}} {{Use dmy dates|date=May 2017}} {{Infobox company | name = Shoppers Stop Limited | logo = Shoppers Stop.svg | logo_size = | type = [Public](/source/Public_company) | traded_as = {{ubl|{{BSE|532638}}|{{NSE|SHOPERSTOP}}}} | founded = 1991 | location = [Mumbai](/source/Mumbai), India | area_served = India | key_people = [B. S. Nagesh](/source/B._S._Nagesh) (Chairman)
Kavindra Mishra (ED & CEO){{cite web|url=https://corporate.shoppersstop.com/boardofdirectors/|website=corporate.shoppersstop.com|accessdate=30 August 2022|title=Board of Directors}} | industry = [Retail](/source/Retail) | revenue = {{up}} {{INRConvert|5228|c}} (FY24) | operating_income = {{down}} {{INRConvert|226|c}} (FY24) | net_income = {{down}} {{INRConvert|56|c}} (FY24){{cite web |title=Performance Highlights - Q4 FY24 |url=https://www.bseindia.com/xml-data/corpfiling/AttachHis/3ebf32fb-d298-4699-8c40-093e62628144.pdf |website=BSE |publisher=Shoppers Stop Limited |access-date=28 June 2024}} | parent = [K Raheja Corp](/source/K_Raheja_Corp) | homepage = [https://www.shoppersstop.com/ www.shoppersstop.com] }} frame|Former logo of Shoppers Stop used prior to 2008 '''Shoppers Stop''' is an Indian [department store](/source/department_store) chain, owned by the [K Raheja Corp](/source/K_Raheja_Corp). There are 108 stores across 45 cities in India, with clothing, accessories, handbags, shoes, jewellery, fragrances, cosmetics, health and beauty products, home furnishing, and decor products. Shoppers Stop is listed on the [BSE](/source/Bombay_Stock_Exchange) and [NSE](/source/National_Stock_Exchange_of_India).{{cite web |url=http://www.bseindia.com/mktlive/ScripWiseCorpAction.asp?scripcd=532638 |title=Corporate Information - Shoppers Stop |id=scrip: 532638 |publisher=Bombay Stock Exchange |access-date=13 January 2009 |archive-date=1 February 2010 |archive-url=https://web.archive.org/web/20100201030211/http://www.bseindia.com/mktlive/ScripWiseCorpAction.asp?scripcd=532638 |url-status=dead }}{{cite web |url=http://timesofindia.indiatimes.com/business/india-business/Shoppers-Stop-to-enter-smaller-cities/articleshow/6291943.cms |title=Shoppers Stop to enter smaller cities |date=11 August 2010 |publisher=[Times of India](/source/Times_of_India)}}{{dead link|date=October 2019}} ==History== The first store was opened in [Andheri](/source/Andheri), [Mumbai](/source/Mumbai) on 27th Oct 1991.{{cite web |url=http://www.financialexpress.com/old/fe20010520/news2.html |title=Shoppers Stop plans Rs 1,000 cr turnover by 2004 |date=20 May 2001 |publisher=Financial Express}} [[File:Shoppers Stop store in DB Mall, Bhopal, India (91844).jpg|thumb|Shoppers Stop store in DB Mall, [Bhopal](/source/Bhopal), India]] The company opened its 22nd store at Lucknow in 2006.{{cite news|url=http://www.business-standard.com/company/shoppers-st-19961/information/company-history|title=Shoppers Stop Ltd.|newspaper=Business Standard India|accessdate=4 April 2018|via=Business Standard}} In 2007, it entered into partnership with Nuance Group AG, and opened stores in Mumbai T1 and Bengaluru Airports.{{cite news|url=https://economictimes.indiatimes.com/industry/services/retail/shoppers-stop-to-exit-nuance-group-joint-venture/articleshow/60196374.cms|title=Shoppers Stop to exit Nuance Group Joint Venture|date=23 August 2017|accessdate=4 April 2018|newspaper=The Economic Times}} An e-store with delivery across major cities in India was launched in 2008, with a smartphone app in 2016.{{Cite news|url=http://tech.economictimes.indiatimes.com/news/internet/shopper-stop-60-crore-omni-channel-investment/47934989|title=Shoppers Stop to spend Rs 60 Cr on omnichannel strategy in next three years {{!}} ETtech|last=www.ETtech.com|newspaper=The Economic Times|access-date=2016-05-02}} In June 2018, the retail chain underwent a board rejig in which promoter Chandru L Raheja resigned as the non-executive chairman after having served for over two decades.{{Cite web|url= http://equitybulls.com/admin/news2006/news_det.asp?id=230826| title= Chandru L. Raheja resigns as Chairman of Shoppers Stop Ltd.| date= 8 June 2018}} Chandru Raheja was succeeded by BS Nagesh.{{Cite news|url=https://www.business-standard.com/article/companies/govind-shrikhande-steps-down-as-shoppers-stop-managing-director-118060900048_1.html|title=Govind Shrikhande steps down as Shoppers Stop managing director|work=Business Standard}} ==Awards== Shoppers Stop Ltd has been awarded "the Hall of Fame" and won "the Emerging Market Retailer of the Year Award", by the World Retail Congress at [Barcelona](/source/Barcelona), in April 2008.{{cite web |url=http://www.worldretailcongress.com/page.cfm/link=117 |title=World Retail Awards 2008 Winners | date=10 April 2008 |publisher=World Retail Congress}}{{Cite news|url=https://www.bloombergquint.com/business/2018/06/08/govind-shrikhande-to-step-down-as-shoppers-stop-managing-director|title=Govind Shrikhande To Step Down As Shoppers Stop Managing Director|work=Bloomberg Quint}} == See also == * [Reliance Centro](/source/Central_(Department_Store)) * [Pantaloons](/source/Aditya_Birla_Fashion_and_Retail) * [HomeStop](/source/HomeStop) * [Crossword Bookstores](/source/Crossword_Bookstores) * [Estèe Lauder](/source/Est%C3%A9e_Lauder_Companies) * [MAC](/source/MAC_Cosmetics) * [Clinique](/source/Clinique) * [Bobbi Brown](/source/Bobbi_Brown) == References == {{reflist}} == External links == {{Commons category}} * {{official|http://www.shoppersstop.com}} {{coord missing|Maharashtra}} Category:Companies based in Mumbai Category:Retail companies established in 1991 Category:Department stores of India Category:Clothing retailers of India Category:Indian companies established in 1991 Category:1991 establishments in Maharashtra Category:Companies listed on the Bombay Stock Exchange Category:Companies listed on the National Stock Exchange of India --- Adapted from the Wikipedia article [Shoppers Stop](https://en.wikipedia.org/wiki/Shoppers_Stop) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Shoppers_Stop?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.