Expect pressure on rentals to keep on increasing in near future: Govind Shrikhande, Shoppers Stop"Overall, sales had grown at the rate of 19%, which is quite good. Like to like had grown at the rate of 8.5%."
30 Apr, 2014, 05.15 PM IST
Will see large pressure on turnaround of new stores: Govind Shrikhande, Shoppers StopIn an interview with ET Now, Govind Shrikhande, MD, Shoppers Stop, talks about the company’s performance and shares their business outlook.
31 Jan, 2014, 04.22 PM IST
Shoppers Stop Q2 net profit up 55.32 per cent at Rs 9.91 croreShoppers Stop today reported 55.32 per cent increase in standalone net profit at Rs 9.91 crore for its second quarter ended September 30.
25 Oct, 2013, 04.27 PM IST
Need to segregate between food & other retailing to ease multi-brand investment: Govind Shrikhande, Shopper’s Stop'The government should make a provision that one can bring in $100 million to buy out an Indian company with a 50-50 JV,' says Govind Shrik...
02 Aug, 2013, 03.32 PM IST
See double-digit same store sales growth for Hypercity: Govind Shrikhande, Shoppers Stop"Gross margins have improved, which in this quarter is one of the highest that we have ever seen, by almost 130 bps in Shoppers Stop"
02 May, 2013, 05.33 PM IST
- Indian retail play to change with FDI coming in: Govind Shrikhande, Shoppers Stop
FDI will change the retail play with many international players entering India in a big way, particularly in single-brand retail, says Govi...
17 Sep, 2012, 03.03 PM IST
- FDI in multi-brand retail to benefit economy: Govind Shrikhande, Shoppers Stop
The economy will get a big booster if FDI in retail is allowed because infrastructure investment will rise and job growth will improve, Gov...
06 Jul, 2012, 06.37 PM IST
- Expect apparel prices to drop by 4-5%: Shoppers Stop
In an interview to ET Now, Govind Shrikhande, MD, Shoppers Stop, talks about the company future plan and GST scenario. Excerpts:
20 Mar, 2012, 02.40 PM IST
Budget 2012: Reduce excise duty on branded apparel, says Govind Shrikhande, MD, Shoppers StopIntroduction of Excise Duty on branded apparels in the last Budget has led to a huge drop in demand; hence the sector expects an reduction ...
06 Mar, 2012, 06.47 PM IST
- New store additions have hit Q3 numbers: Govind Shrikhande, MD, Shoppers Stop
In a chat with ET Now, Govind Shrikhande, MD, Shoppers Stop, discusses the firm’s Q3 numbers and margin pressure.
21 Feb, 2012, 04.20 PM IST
- Speciality retail to get a big boost: Govind Shrikhande, Shoppers Stop
The government on Thursday approved 51% FDI in multi-brand retail, paving the entry of international firms into the $450-billion market. In...
25 Nov, 2011, 01.16 PM IST
- Shoppers Stop Q2 net up 12% at Rs 19.5 cr
Retail chain Shoppers Stop Ltd said its net profit rose by 12.06 per cent to Rs 19.5 crore in the second quarter ended September 30.
21 Oct, 2011, 09.45 PM IST
- Expect 5-8% sales growth going forward: Govind Shrikhande, Shoppers Stop
In an interview with ET Now, Govind Shrikhande, MD, Shoppers Stop, talks about business and the kind of footfall growth they are expecting ...
07 Oct, 2011, 02.05 PM IST
- My first year @ work: I learnt the hard way says Govind Shrikhande, MD, Shoppers Stop
At his first job at Mafatlal Textiles, Govind Shrikhande learnt the hard way - doing the rounds of textile units and the cloth market.
09 Aug, 2011, 06.47 AM IST
- Facing cost pressures from employees cost and rentals: Shoppers Stop
In an interview with ET Now, Govind Shrikhande, Customer Care Associate & MD, Shoppers Stop Ltd, expressed his views on company's performac...
27 Jul, 2011, 02.39 PM IST
- We hate the word 'discount': Govind Shrikhande, MD, Shoppers Stop
Govind Shrikhande, the managing director of Shoppers Stop, hates the word ‘discount’. But it seems to be working for the Rs 1,600-crore ret...
03 Jan, 2011, 04.42 AM IST
- We hope to generate Rs 200 cr for expansion: Govind Shrikhande, MD, Shoppers Stop
In an interview with ET Now, Govind Shrikhande, MD, Shoppers Stop, talks about the cost of real estate as well as their expansion plans.
27 Aug, 2010, 01.40 PM IST