Customers walk past a Shoppers Stop Ltd. store in the Malad area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Holiday Season Cheer Eludes Shoppers Stop

The ongoing holiday season has not brought much cheer to Shoppers Stop, with usual December sales unusually low this year. Managing Director Govind Shrikhande said. The company will add two more stores by the end of this fiscal, with a long-term plan to have 15 more stores in three years, he added.

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