Shoppers stop

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Shoppers Stop reported a 4 per cent sales increase in Q1 FY24. The company’s EBITDA dropped by 15 per cent, and profit also saw sharp declines. The retailer launched 'Intune', a private brand, and opened three new stores. Its loyalty programme's customer base expanded to 9.2 million, and private brands contributed 14 per cent to total sales. Shoppers Stop, Sales Increase, Smart Casual Men, Commercial Design, A 4, The 4, Product Launch, Quick Saves

Shoppers Stop reported a 4 per cent sales increase in Q1 FY24. The company’s EBITDA dropped by 15 per cent, and profit also saw sharp declines. The retailer launched 'Intune', a private brand, and opened three new stores. Its loyalty programme's customer base expanded to 9.2 million, and private brands contributed 14 per cent to total sales.

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