Shoppers Stop of India has announced that it will open five more department stores in 2019, as well as a dozen beauty format stores. The company is targeting a 7.5 to 8% like-for-like growth in the coming year and a 10 to 11% top line growth. Furthermore the company should be completely debt-free by Q3 2019. Shoppers Stop catalogue will be on the amazon.in website by April-May this year. The US Amazon acquired a 5% share in Shoppers Stop last year. According to management, they have not discussed an increase in stake with Amazon.