What: The oldest Indian retailer is accelerating with a number of new stores planned to open each year.

Why it is important: India is the new land of opportunities: many international retailers and online players are looking at this market which has also given birth to some of the most powerful “everything apps” such as Jio. It is interesting to see Shopper Stop accelerate their development in this context.

Shopper Stop is ramping up its expansion in India by opening 12 to 15 new stores every year, in addition to 15 to 20 beauty stores as well (under the brands SS Beauty and Estée Lauder Company). The retailer, founded in 1991, is the oldest department store company in India and operates 87 stores in the country, usually on a format which is less than 10,000 sqm.

Shoppers’ Stop to open 15 stores per year