B. S. Nagesh has been with Shoppers Stop Ltd since its inception in 1991. Recognized as the pioneer of the retail boom in India, Nagesh was voted by Business India as one of the top 50 managers in India who will influence the Indian business scenario in the 21st century. Mr. Nagesh was also instrumental in acquiring of the Crossword chain of bookstores in the year 2000. Ernst & Young nominated him for the Entrepreneur of the Year Award 2005 as one of the top 30 finalists.
Nagesh is the first Asian to be inducted into the “World Retail Hall of Fame” 2008 along with Millard Drexler of J Crew, Sir Philip Green of BHS and Arcadia and Amancio Ortega of Inditex at the World Retail Congress 2008 conducted in Barcelona. The four iconic retailers have been selected by retail industry leaders and experts from across the Globe in recognition of their supreme industry achievements.
Shoppers Stop Ltd also won the ‘Emerging Market Retailer of the Year’ Award at the World Retail Congress 2008.
B.S. Nagesh has been involved in setting up and opening the country’s largest hypermarket HyperCity, which was launched in May 2006 and there has been no looking back ever since, with the seventh HyperCity being opened on 29th of March 2010 in Whitefield Bangalore. HyperCity has been declared as one of the top 100 retail destinations in the world by Retail Week, UK and the best hypermarket at the United States International Design Awards in New York.
In the year 2009, Nagesh was elevated as the Vice Chairman of Shoppers Stop in a non executive position.
Before joining the K .Raheja Corp group in 1991, Nagesh was involved with Carona Ltd. (1988-1991) as its zonal manager retail for South & East controlling the operations of 128 stores in these two regions.
Starting his career as a Sales Officer in the Delhi branch of Blow Plast Ltd in 1982, Nagesh left Blow Plast in 1986 when he was the Area Manager for Vijaywada branch to Join Orson Electronics as the Branch Manager for Delhi, Haryana. (1986-1988).
As part of his personal philosophy of Learn, Earn & Return, Nagesh stepped down from all operational role in the K. Raheja Corp Group in August 2009 at the age of 50. In the year 2011, he has set up a Public Charitable Trust called TRRAIN (TRUST FOR RETAILERS AND RETAIL ASSOCIATES OF INDIA) and a Section 25 company called TRRAIN FOUNDATION with the following objectives :-
- Develop skills of Abled and Disabled people in Retail.
- Create pride and respect for Retailers and Retail Associates
- Provide Healthcare and Social Security Solutions
For more details, you may log onto : www.trrain.org
Nagesh loves the consumer space and is intrigued with the consumer and the consumption story of India. He loves travelling for work and pleasure. He was a keen sportsman in college and therefore with more time in hand wants to get back to sports in the near future.