Shoppers Stop performed comparatively better than Pantaloon on the like-to-like, or same-store sales front, which indicates the sales performance of stores that have been in business for at least a year

Net profit fell to Rs 96 lakh in the three months ended 31 March from Rs 7.72 crore in the year earlier

Shoppers Stop has opened `Shoppers Stop` store at Plaza Mall - Pune. With the opening of this store, the company has now 52 `Shoppers Stop` stores (including two airport stores) under its operation. Further, the company has opened one `Mothercare` stores as `Shop in Shop` store within the…

Pantaloon Retail and Shoppers Stop saw weak same-store sales or like-to-like sales growth

Shoppers Stop has opened ``Shoppers Stop`` store at Gopalan Signature Mall, Bengaluru. With the opening of this store, the company has now 50 ``Shoppers Stop`` stores (including two airport stores) under its operation. Further, the company has opened one `Mothercare` stores as `hop in…

The company’s net profit declined sharply by 43.5% y-o-y to Rs 9.33 crore

Shoppers Stop Ltd posted a 44% drop in Q3 burdened by the launch of new stores

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Both Shoppers Stop and Pantaloon are likely to post a year-on-year decline in their profit after tax in the December quarter

Apparel, which is mainly sourced locally, accounts for about 58% of the company’s sales. The non-apparel segment largely depends on imports

Shares of Pantaloon, Trent and Shopper's Stop jumped on govt clearing FDI in sector.

Pushing a major reform, the government on Thursday allowed 51% foreign investment in the multi-brand retail.  The Cabinet also decided to remove the 51% cap on FDI in single brand format under which companies in food, lifestyle and sports business run stores.…

Shares in Pantaloon Retail (India) jumped as much as 18.2%, Shopper’s Stop rallied 11.4%, and Trent, part of the salt-to-steel Tata Group conglomerate, rose 17.2%