Shoppers Stop recognised as ‘Most Respected Company in the Retail Sector’ By Business World Mumbai, February 9, 2011: The New Year has started off on a rewarding note for Shoppers Stop. India’s premier lifestyle and fashion destination was one among 20 Indian Companies honored by Business World as ‘Most Respected Companies’ across various sectors. Shoppers Stop was awarded the ‘Most Respected Company in the Retail Sector’ at the hands of the Honorable Finance Minister Mr. Pranab Mukherjee at the award ceremony held last evening in the Capital City. Business World’s ‘Most Respected Companies’ award is recognized as one of the most coveted awards in the country. Companies are measured not only on the basis of their balance sheets but also on the basis of innovativeness, depth and quality of top management, financial performances and returns and moreover, on qualities like ethics and transparency, quality of products and services, people practices/talent management and global competitiveness. About Shoppers Stop Shoppers Stop is a leader in the Indian Retail Sector and one of the pioneers in setting up large format department stores chain in India. Shopper’s Stop Ltd has a national presence, with over 2.05 million square feet area across 34 stores in 15 cities viz. Mumbai (8 stores), Delhi (4 stores), Kolkata (3 stores), Bangalore (4 stores), Hyderabad (3 stores), Jaipur (2 stores), Pune (2 stores), Gurgaon, Chennai, Ghaziabad, Lucknow, Noida, Amritsar, Bhopal and Aurangabad. Shoppers Stop is the only Indian member of IGDS (Intercontinental Group of Departmental stores) along with 29 other experienced retailers from all over the world. Mr. B.S. Nagesh, Customer Care Associate & Vice Chairman, Shopper’s Stop Ltd, has been recognised as an iconic retailer and was inducted into the World Retail Hall of Fame 2008. Mr. Nagesh is the only Indian retailer to take a significant place alongside more than 100 stalwarts of the global retail industry, which...
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