Shoppers Stop to open 12-15 department stores every year for next three years

Shoppers Stop an Indian department retail chain has come up with a plan of expansion drive. The retail has decided to establish 12-15 department stores with every coming year this would be continued for the upcoming 3 years with the plan of further introduction of standalone beauty stores.

“India is growing, the market is evolving and the opportunity is huge.

“We have committed to open between 12-15 department stores every single year for the next three years and 15-20 beauty stores every single year for the next three years,” said Venu Nair, managing director and CEO, Shoppers Stop, at an even organised by the Merchant Chamber of Commerce.

By Business Correspondent