Premiumization, beauty sales aid Shoppers Stop's turnaround
Premiumization, beauty sales aid Shoppers Stop's turnaround

News

Premiumization, beauty sales aid Shoppers Stop's turnaround

Premiumization, exclusive brand tie-ups, and an enhanced in-store experience helped Shoppers Stop Ltd increase footfalls in the three months ended 30 September after several weak quarters, even as it continues to invest in its value and beauty formats with a capex of  ₹160-200 crore for 2025-26.

“For years I heard people say department stores are not the in format, but we had a very clear strategy to drive around premiumization and create a differentiation around experience," said Kavindra Mishra, managing director and chief executive officer (CEO) of The K Raheja Corp.-backed multi-brand store chain, in an interview with Mint on Friday.

Source: Mint

x
Important Notice

We at K Raheja Corp including its group entities (“K Raheja Corp Group”) have been made aware of websites / URLs / social media handles being used to undertake fraudulent activities whereby certain individuals/third parties are impersonating as being part of K Raheja Corp Group and claiming and/or soliciting monies on the pretext of promising job opportunities and finance trading on our behalf.

We hereby clarify that the above fraudulent activities are being done without any authority from K Raheja Corp Group in a malicious and vicious attempt by such individuals/third parties to make unlawful gains.

Warning

We urge the public at large to be cautious and not engage in any form of communication/s with such fraudulent individuals/third parties /websites/URLs/social media handles impersonating K Raheja Corp Group and promptly report the matter to law enforcement agencies for necessary action.

Authentic Communication

For any genuine enquiries with respect to employment or to know more about our portfolio, please visit our official website: www.krahejacorp.com

Stay safe, and thank you for your understanding.