Shoppers Stop unveils Freecultr merchandise on its website

Shoppers Stop has introduced Freecultr merchandise on its online shopping

platform Shoppersstop.com. Freecultr offers a wide array of T-shirts, trousers and shorts. As an introductory offer, the online shoppers can avail a discount of up to 60 percent on the merchandise. Shoppers Stop has a national presence across 69 stores in 32 cities including Ahmedabad, Aurangabad, Agra, Amritsar, Bengaluru, Bhopal, Chennai, Coimbatore, Chandigarh, Delhi, Durgapur, Gurgaon, Ghaziabad, Hyderabad, Indore, Jaipur among others.

Shoppers Stop is stepping up its retail presence by adding eight more stores this fiscal and six to eight more in FY16. India’s oldest retail chain reported a 46.60 percent decline in its standalone net profit at Rs 8.1 crore for the fourth quarter ended March 31, 2014, due to higher expenses. The company had posted a net profit of Rs 15.17 crores in the corresponding quarter of 2012-13.