Archive · 18 Jul 2025
Shoppers Stop Sees Demand Surge, Plans Store Expansion, Says CEO
Shoppers Stop, a retail company, is seeing more customers buying things.
They are focusing on selling more expensive items and making their stores run better.
Around two-thirds of their sales come from these premium products.
They're also opening new stores, including some under their value fashion brand, INTUNE.
They aim to continue growing by attracting more customers and offering them better services and brands.
Shoppers Stop is experiencing improved consumer demand and expects a stronger Q2.
The company is focusing on premiumization and improving operational metrics.
Premium products contributed ~67% to sales in Q1 and are expected to grow further.
Shoppers Stop plans to open 7-8 new stores and 30-40 Intune stores this fiscal year.
INTUNE, the value fashion brand, saw sales of ₹68 crore in Q1.
- Who
- Shoppers Stop
- What
- Shoppers Stop experiencing improved consumer demand and expanding.
- When
- Q1 and Q2 of current fiscal year
- Where
- Multiple locations, including new markets
- Why
- Driven by customer demand, new offerings, and focus on premiumization.
- Company
- Shoppers Stop
- CEO
- Kavindra Mishra
- Premium Product Contribution
- 67% (Q1)
- INTUNE Sales (Q1)
- ₹68 crore
- New Store Openings
- 7-8 Shoppers Stop, 30-40 Intune
- Focus
- Premiumization, expansion, efficiency
