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  • Will expand to 41 cities now, focus on use of AI: Shoppers Stop CEO Rajiv Suri

  • Target 7.5-8% like-to-like growth in coming years: Shoppers Stop

  • Expect FY19-20 SSSG target around 10%: Shoppers Stop

  • FDI relaxation to boost ease of doing biz & Make in India: Retail Experts

  • Acquisition of HyperCity a win-win situation for both: Future Retail's Biyani

  • Have target of opening 25 stores this year, says V-Mart Retail

  • Target 8% EBITDA margin in 24 months: Shoppers Stop

  • Normalcy fom March onwards;see 8% YoY growth in FY18: Shrikhande

  • Targeting double-digit sales growth in FY17, says Shoppers Shop

  • See LTL growth of 8-9% in FY16: Shoppers Stop

  • Shoppers Stop enters online retail with Snapdeal tie-up

  • Targeting 8% EBITDA growth in FY16: Shoppers Stop

  • E-tail, Navratri shifting to Q2 hit sales: Shoppers Stop

  • See EBITDA margins growing to 8% in 2 yrs: Shoppers Stop MD

  • Fine jewellery has de-grown in double digits: Shoppers Stop

  • FIPB Tesco nod to attract more cos in India: Shoppers Stop

  • Extended discount sales spiked-up volumes: Shoppers Stop

    Second quarter volume growth of 9 percent was on back of good sales in August and a ten-day extended July discount sale period, says Govind Shrikhande, MD, Shoppers Stop.

  • HyperCity to stop consumer durables sales, resize stores

    Shoppers Stop closed a HyperCity store in Ludhiana in Q1 and is rightsizing stores in Hyderabad and Vashi. HyperCity will stop selling consumer durables and IT products over the next 12-15 months and that will free up 15,000-20,000 sq. feet of space at each outlet.

  • Shoppers Stop says HyperCity profits may get pushed to FY16

    Shoppers Stop expects same-store sales at its department store chain to grow 7-8 percent in the fourth quarter, with the overall standalone revenue growth of around 17 percent year-on-year for the current financial year, Govind Shrikhande, MD, told moneycontrol.com on Wednesday.

  • Zodiac will not sell Shoppers Stop's shares in near-term

    Zodiac Clothing has been very active over the last one week after private investors, Nemish Shah and Akash Bhansali bought a large chunk of stock in it. It owns 17 lakh shares in Shoppers Stop.

  • Social media to fetch Rs 70cr additional rev: Shoppers Stop

    One of the oldest retailers in the country Shopper's Stop on the art and science of data analytics

  • Pavers England plans big to widen pan-Indian footprint

    Footwear firm Pavers England last week became the first company to get the Foreign Investment Promotion Board's nod for 100% FDI in single-brand retail. Utsav Seth, MD & CEO, Pavers India explains to CNBC-TV18 about his plans for investment in the country.

  • Landmark announcement on reforms: Bharti Enterprises

    Rajan Mittal, MD, Bharti Enterprises, says that this decision has been well thought through as you know the pause was there and it has been 10 months and I am sure government has done and has build consensus to make this announcement.

  • Open FDI gate needs support, initiatives: Shoppers Stop

    Govind Shrikhande, MD, Shoppers Stop explains to CNBC-TV18 that the FDI initiative had to be supported by further decisions to derive the maximum benefit of foreign investment and domestic growth.

  • FDI will attract funds into supply chain: Bharti Walmart

    Raj Jain of Bharti Walmart, says that overall, this is a big policy announcement for the Indian economy not only for multi-brand retail but for several sectors and several issues which have been pending for a long time, we welcome the decision.

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