The company will also focus more on artificial intelligence to understand consumer behavior.

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

The Retail Leadership Summit is underway in Mumbai and from the sidelines Priya Sheth caught up with the MD of Shoppers Stop, Govind Shrikhande and asked him about his outlook for FY19.

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

In an interview with CNBC-TV18, Govind Shrikhande, Customer Care Associate & MD at Shoppers Stop, spoke about the results and his outlook for the company.

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

The Cabinet on Wednesday allowed 100 percent foreign direct investment (FDI) under the automatic route for single-brand retail. To discuss in detail what would be the positive impact of the above development on ground for the retail companies CNBC-TV18 spoke to Rakesh Biyani, Joint MD, Future Retail, J Suresh, MD and CEO, Arvind Lifestyle Brands and to know the impact on their growth and stock prices, they spoke to Abneesh Roy, Senior VP, Edelweiss Securities.

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

Looking at an interesting relational ship through this tie-up with Shopper's Stop as a group and Raheja family, said Kishore Biyani of Future Group.

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

In an interview to CNBC-TV18, Lalit Agarwal, CMD of V-Mart Retail spoke about the latest happenings in the company and sector and also shared his outlook for FY18.

Target 8% EBITDA margin in 24 months: Shoppers Stop

Amazon picks up 5 percent stake in Shoppers Stop. CNBC-TV18's Priya Sheth caught up with Govind Shikhande, MD of Shoppers Stop and asked him about the details of the agreement and how it will impact the company.

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

Four months post demonetisation normalcy has not yet returned, it is still a roller coaster ride and business as usual is likely to resume by March end, says Govind Shrikhande, CEO, Shoppers' Stop.

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

Last time when pay revisions were announced, Shoppers Stop had seen almost 20 percent jump in sales, says MD Govind Shrikhande.

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

In an interview with CNBC-TV18, Govind Shrikhande, Managing Director of the company says that the company will achieve its LTL guidance of 8-9 percent in FY16 and 9-10 percent in FY17.

Shoppers Stop enters online retail with Snapdeal tie-up

In an interview with CNBC-TV18, Govind Shrikhande, MD of Shoppers Stop said that the partnership is based on the click, collect and ship from store model and will be launched in the third quarter of this year.

Targeting 8% EBITDA growth in FY16: Shoppers Stop

Summer sale season will be restricted to 30 days from this year, said Govind Shrikhande, MD, Shoppers Stop.

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

The mega advertising blitz and discount sales led by online retailers coupled with the shifting of Durga pooja [which normally takes place in the third quarter] to the second impacted department store sales for Shoppers Stop, MD Govind Shrikhande told CNBC-TV18‘s Latha Venkatesh and Reema Tendulkar in an interview.

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

Shrikhande expects a 7-8 percent (same store) growth in the department store category this year

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

Govind Shrikhande, managing director, Shoppers Stop, says the company‘s departmental stores‘ volumes have remained flat in Q3.

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

According to Govind Srikhande, till date no one was allowed to take up a stake in an existing company. They wanted only Greenfield projects to be setup. This particular clearance shows that one can now have a tie-up with an existing retail operator

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.