Part of K Raheja Corp
Shoppers Stop
Latest, : Shoppers Stop turns profitable in Q2 FY27 as consolidated revenue rises 7% to ₹1,618 crore
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: Shoppers Stop has rehired Ayan Sen as Area Marketing Head after his 2014 to 2020 first stint, so department-store operators gain a marketer with V-Mart and Baazar Style experience but this is a single mid-level hire, not a strategy shift.Reported: Ayan Sen returns to Shoppers Stop after a six-year first stint from 2014 to 2020. He has since worked at V-Mart Retail and Baazar Style Retail, where he spent four years, and earlier worked at Pantaloons and INOX Leisure. Shoppers Stop rehires Ayan Sen as Area Marketing Head for a second stint.Watch:
- Reported: Shoppers Stop’s 15-quarter transaction-value streak suggests its assortment, personalisation and First Citizen data engine are working, making loyalty-led cross-channel conversion and basket expansion the priority for store teams.Reported: Shoppers Stop says stronger assortments, hyper-personalisation and technology have lifted average transaction value quarter on quarter for 15 consecutive quarters. Its First Citizen loyalty base has reached 13.5 million members across a 120-store network in 70 cities.Watch:
All 60 stories on Shoppers Stop1 leadership move at Shoppers Stop →
Background
From 8 stories, the newest dated 15 Oct 2026. Summary written 15 Oct 2026.
Show 3 paragraphs and 8 sources
Shoppers Stop operates department stores and serves more than 55 million annual store visitors through 120 stores in 70 cities. [1] source: ET BrandEquity It has 13.5 million First Citizen members. [1] source: ET BrandEquity It had 117 department stores as of Aug. 31. [2] source: NDTV Profit Its beauty distribution arm, Global SS Beauty Brands, handles 55–60 brands, including Armani, NARS and Clarins. [3] source: Fortune India
Shoppers Stop reported Q1 FY27 revenue from operations of ₹1,291.41 crore, up 11.22% year on year. [4] source: Mint In Q1 it opened eight stores: two department stores, four beauty stores and two INTUNE outlets. [4] source: Mint Mint reported in October 2026 that its shares surged 15% ahead of Q2 FY27 results on 16 October. [4] source: Mint The company said pollution contributed to a 69% decline in net profit in the December quarter year over year. [5] source: Business Standard ET Brand Equity reported in September 2026 that its average transaction value rose for 15 consecutive quarters. [1] source: ET BrandEquity
Kavindra Mishra is the CEO of Shoppers Stop. [6] source: ET BrandEquity Ayan Sen rejoined as Area Marketing Head in October 2026, after six years at the company from 2014 to 2020. [7] source: exchange4media Kiro Beauty plans offline expansion via Shoppers Stop. [8] source: The Hindu BusinessLine
Sources
Questions about Shoppers Stop
How many Shoppers Stop stores are there?
Shoppers Stop had 120 stores in 70 cities, as reported by ET BrandEquity in September 2026. [1] source: ET BrandEquity NDTV Profit separately reported 117 Shoppers Stop department stores as of Aug. 31. [2] source: NDTV Profit
Who leads Shoppers Stop?
Kavindra Mishra is the CEO of Shoppers Stop. He was due to discuss AI-powered customer engagement and loyalty at the MarTech+ Summit 2026 in Gurugram, reported in September 2026. [6] source: ET BrandEquity
How fast is Shoppers Stop growing in India?
Shoppers Stop reported Q1 FY27 revenue from operations of ₹1,291.41 crore, up 11.22% year on year. [4] source: Mint
What is Shoppers Stop's current strategy in India?
Shoppers Stop opened eight stores in Q1 FY27: two department stores, four beauty stores and two INTUNE outlets, reported in October 2026. [4] source: Mint Its beauty arm GSSBB and Nykaa are becoming end-to-end India partners for global luxury beauty brands, reported in October 2026. [3] source: Fortune India It raised average transaction value for 15 consecutive quarters through personalisation and technology, reported in September 2026. [1] source: ET BrandEquity
More stories about Shoppers Stop
Stories that mention Shoppers Stop
3 stories
Shoppers Stop is named in these stories but is not their subject.