Aims to invest 60 crores over the next 3 years
Mumbai, July 03, 2015: Shoppers Stop, India’s leading fashion retailer, today announced its tie-up with hybris software, an SAP company and the world’s fastest growing commerce platform provider. This liaison will enable Shoppers Stop to provide a seamless and unified shopping experience to customers across its multiple channels i.e. Physical stores, Web, Social, TV and Marketplaces. Shoppers Stop plans to invest 60 crores over the next 3 years in its omni-channel technology, supply chain & talent to strengthen its omni-channel play. Over the next 3 years, it will extend its omni-channel strategy to its group companies HomeStop, Hypercity and Crossword. By 2020, the Company targets to achieve 15% revenue through digital-touch points.
Shoppers Stop will leverage the hybris commerce platform and its state-of-the-art data management technology which has a successful track-record in providing omni-channel solutions to the world’s leading retail organizations. BORN will be the system integration partner for the SAP hybris setup.
hybris will enable Shoppers Stop to deliver a real-time, impactful, and relevant customer experience across every touch point, channel and device. In essence, hybris software will enable Shoppers Stop to have a single view of the customer by linking multiple identifiers (Mobile number, First Citizen number, Facebook, email, etc.) to one single identity. Conversely, hybris technology will allow shoppers to have one-view of the Shoppers Stop brand experience across multiple channels and devices.
Speaking on the occasion, Mr. Govind Shrikhande, Customer Care Associate & Managing Director, Shoppers Stop Ltd. said, “Amongst the top global retailers, 9 out of 10 are brick & mortar players who have evolved into omni-channel entities. In India, Shoppers Stop was one of the first department stores to launch a multi-channel play through our e-store www.shoppersstop.com. Now, we are embarking on our omni-channel journey by linking our multiple channels to give customers a unified brand experience. We are proud to partner with SAP in our omni-channel journey and look forward to their support in establishing ourselves as India’s leading omni-channel retailer. We plan to invest approximately 60 crores in our omni-channel efforts.”
He further added, “Through the hybris technology, Shoppers Stop will have a one-view of customer, one-view of order and one-view of inventory. This will allow us to provide our customers with a contextual, targeted, personalized and integrated shopping experience. As part of the roadmap ahead, we will introduce new features such as ‘Click & Collect’, ‘Ship from Store’, ‘Endless Aisles, and much more.”
“Today’s customers are digitally empowered and in control. Shoppers Stop has built its reputation on the quality of its service and understands the value its customers place on exceptional experiences,” said Deb Deep Sengupta, Managing Director, SAP Indian Subcontinent. “hybris’ ability to equip major brands with robust and flexible commerce technology positions us as one of the world’s leading e-commerce technology providers. We are thrilled to partner with one of the most reputable retail brands in India to help them meet customers’ expectations, deliver the best customer experience, support their business strategy and be part of their business transformation.” he added.
Mr. Vinay Bhatia, Customer Care Associate & Executive Vice-President, Marketing, Loyalty & Analytics, Shoppers Stop Ltd. said, “We have a hugely successful First Citizen loyalty programme of more than 3.7 million customers. We also have one of the largest Facebook fan bases among retailers in India. We have a huge repository of data which we will leverage to personalize our customers’ shopping journey across channels.”
Shoppers Stop aims to redefine its signature shopping experience by introducing features such as Access Anywhere, Buy Anytime, Pay Anyhow, Deliver Everywhere and Return At Your Convenience.
About Shoppers Stop Ltd
Shoppers Stop Ltd. is one of the pioneers in setting up large format department stores in India. The flagship department store business, Shoppers Stop, is now one of India’s largest retail chains of large format department stores in the country. It is a one-stop shop for products across multiple categories including apparel, cosmetics, fragrances, artificial and fine jewellery, footwear, personal accessories such as watches, sunglasses, handbags, wallets and belts, kids wear, toys, home decor and much more. Shoppers Stop offers more than 400 of the finest international and national brands across categories. It is the only Indian member of IGDS (Intercontinental Group of Departmental stores) along with 29 other experienced retailers from all over the world.
Shoppers Stop currently has 71 stores in 34 cities across the country viz. Ahmedabad (2 stores), Aurangabad, Agra, Amritsar, Bengaluru (8 stores), Bhopal, Chennai (3 stores), Coimbatore, Chandigarh, Delhi (5 stores), Durgapur, Gurgaon (2 stores), Ghaziabad (2 stores), Hyderabad (5 stores), Indore, Jaipur (3 stores), Jalandhar, Kalyan, Kolkata (4 stores), Latur, Lucknow, Ludhiana, Mumbai (8 stores), Mangalore, Mysore, Noida, Pune (5 stores), Raipur (2 stores), Siliguri, Surat, Thane, Vijayawada, Vizag and Vadodara.
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About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 291,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.