Shoppers Stop records positive Q1 results, ebitda up 15 per cent

Shoppers Stop quarterly ebitda has risen 15.4 per cent. Like-to-like sales are up 5.2 per cent. Its personal shopper service, the first-of-its-kind in India, is gaining rapid momentum as customers embrace the shopping experiences. This differentiated service has propelled a record number of new first citizen member enrollments. This is the country’s longest running and most coveted loyalty program and was launched in 1994 and today contributes 82 per cent of the sales revenue.