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Shashwat Goenka

Spencer’s Retail Q4 net loss widens to Rs 61.22 crore

The company posted a net loss of Rs 42.47 crore in the January-March period a year agoNew Delhi: RP-Sanjiv Goenka Group arm Spencer's Retail Ltd on Monday said its consolidated net loss widened to Rs 61.22 crore for the fourth quarter...

National Retail Policy can help create 30 lakh jobs by 2024: Report

A cohesive National Retail Policy can help in generating 30 lakh jobs by the year 2024, according to a report by CII and Kearney.The report noted that an investment of Rs 6,500 crore in retail-related infrastructure, including warehousing and...

Spencer's Retail posts Rs 45.05 cr net loss in Jul-Sep

The RP-Sanjiv Goenka Group arm Spencer's Retail Ltd on Thursday reported a consolidated net loss of Rs 45.05 crore for the second quarter ended September 2020. According to a PTI report: The company had posted a net loss of Rs...

“Our focus is to be an omnichannel retailer,” says Shashwat Goenka Sector Head (FMCG & Retail), RP-Sanjiv Goenka Group

Spencer’s, the oldest modern retail brand in India, is the pioneer in hypermarkets in India, having introduced the first one in 2001. The brand, which owes its success to its customer-centric approach, has not failed shoppers even during the...

Spencer’s Retail to acquire Godrej Nature’s Basket

The RP-Sanjiv Goenka Group controlled Spencer's Retail on Friday said its board of directors has approved acquisition of 100 per cent stake in Nature's Basket Ltd, a wholly-owned subsidiary of Godrej Industries, for a consideration of about Rs 300...

Shashwat Goenka, Sector Head, Spencer’s Retail Ltd.

Shashwat Goenka is Sector Head Spencer's Retail, part of the US$ 7 billion RP-Sanjiv Goenka Group. He leads the management team of Spencer's Retail, a multi-format retailer having presence in over 36 cities across India.He also serves as a...

Spencer’s Retail expands retail presence in Kolkata

Spencer’s Retail, an RP-Sanjiv Goenka Group Company, has opened 4,000 sq.ft. store in Kolkata. This is the 23rd Spencer’s retail store in Kolkata and 126th store pan India. Speaking about the launch, Sector Head – Retail at RP-Sanjiv Goenka Group,...

5 second generation Indian retail tycoons

In a country like India where business is still dominated by family-run enterprises, succession questions about the next generation of tycoons are sure to emerge. Today, across the boardrooms of family-owned businesses in India, young leaders – most of whom...

IMAGES Retail Technology Awards 2017 honour excellence in digital innovation

The IMAGES Retail Technology Awards (IRTA 2017) which were held in Mumbai on September 19, 2017, celebrated some of India’s most outstanding achievements in retail and honoured excellence in digital innovation and implementation in the retail industry. IRTA 2017 is...

The changing retail landscape of East India

Smoothly riding the crest of Eastern India’s aspiration wave and changing shopping trends in the metros, Tier II and III cities of the region have driven the conventional trader-run stores to morph into more organized, large-format retail outlets. And,...
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New Balance opens 2nd store in Pune

The latest New Balance store  is located at Phoenix Marketcity Mall, Viman Nagar, PuneBengaluru: US-based sports footwear and apparel...
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