News & Filings
SHOPERSTOP \u2014 Recent Activity
5 items in the last 14 days
AI Summary
India's Shoppers Stop has reported a slump in quarterly profit due to soft demand for discretionary products, but has also posted a narrower quarterly loss on the back of demand for premium products. The company is taking steps such as strategic store closures to improve its financial performance. Overall, the company's financials are being impacted by consumer spending trends, which may see a boost during festive seasons.
India's Shoppers Stop appoints Pankaj Chaturvedi as CFO
Feb 10 (Reuters) - India's department store chain Shoppers Stop on Tuesday said it has appointed Pankaj Chaturvedi as the company's CFO effective April 1, 2026, replacing Karunakaran Mohanasundaram.
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Shoppers Stop Ltd (BOM:532638) Q3 2026 Earnings Call Highlights: Strategic Store Closures and ...
Despite a sluggish operating environment, Shoppers Stop Ltd (BOM:532638) leverages strategic initiatives to boost non-apparel sales and beauty segment growth.
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India's Shoppers Stop quarterly profit slumps on soft discretionary demand
Jan 20 (Reuters) - Indian department store chain Shoppers Stop posted a 69% drop in quarterly profit on Tuesday, as urban consumers cut back on discretionary spending amid slowing wage growth in major
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India's Shoppers Stop posts narrower loss, expects festive demand boost
(Reuters) -Indian department store Shoppers Stop posted a marginally narrower second-quarter loss on Friday and said it expects demand to rise during festivals.
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India's Shoppers Stop posts narrower quarterly loss on demand for premium products
The affluent in India have kept on spending on premium products, despite the high cost of living in cities straining the budgets of middle class consumers. Demand for high-end products has driven sales growth for retailers such as Nykaa and footwear seller Metro Brands. "In a crowded marketplace, premiumisation allows retailers to stand out," Shoppers Stop CEO Kavindra Mishra said.
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