Retail group Shopper’s Stop Ltd will add 500,000 square feet space by March, across four Shopper’s Stop stores and three Hypercity stores, a top official said on Friday.
Following the space addition, the firm would have 31 Shopper’s Stop stores and seven Hypercity stores, B S Nagesh, vice chairman, Shopper’s Stop, said at a conference.
The group would also hire 750 to 1,000 employees by March for the front end in these stores, Nagesh said.
“The business environment is turning from stable to positive. More customers are coming into the stores but I see real momentum coming only by April-June quarter next year,” he adds.
Source: Mint
