Spencer’s Retail Limited launched its largest store at Sarjapur Main Road in Bangalore recently. This 35,000 square feet store is Spencer’s 23rd store in Bangalore.
Speaking at the launch, Sarang Kanade, vice-president operations, Spencer’s said, “We are happy to announce the launch of our largest store in the city. In terms of business potential, Bangalore is the fourth largest city in India and is growing at a rate of 20 percent annually. The new age population is very receptive to modern trade, which makes the city an attractive proposition even as the presence of major retailers makes the terrain competitive. We have had a successful 10-year stint in Bangalore with our 22 neighbourhood stores. Now with the economy on the upswing, we thought it would be the right time to launch the hyper store where brand Spencer’s gets unveiled in its entirety.”
The latest large format store, designed by international retail brand and store design consultants, targets upper income group customers with its international shopping experience.
With approximately 25,000 SKUs on offer, the store merchandises wide range of products across various categories including FMCGs, processed foods, organic and specialty foods, personal care, cosmetics, electric items, fashion apparel and home and office essentials.
—Nishi Roy
