 "Rajiv Suri, MD")
Shoppers Stop, the retai chain which is part of the K Raheja Corp Group, will focus on beauty products and non-apparel to boost revenue, and on private labels to drive its margins, said Rajiv Suri, elevated last month as managing director of the company. “The market for beauty is very strong and we are able to expand faster in the beauty market,” he said. Shoppers Stop plans to open five or six department stores and 10-12 beauty stores this yea, he added.
Shoppers Stop is looking to double the share of private labels in its total sales over the next
