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Spencer’s Retail

East India emerges as epicenter of modern retail activity

While India’s long term growth outlook remains intact, there is no denying the ongoing volatility in the market at this time. Across the industry sectors, 2019 has been a year of uncertainty and vulnerability due to the rise of...

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...

RP-SG group’s FMCG business likely to break even by March 2020

RP-Sanjiv Goenka Group's FMCG business is expected to break-even by March 2020, an official said on Friday.Responding to a shareholder's question on "when will the demerged units be profitable" at the CESC (Calcutta Electric Supply Corporation)'s Annual General Meeting,...

Spencer’s opens 9 stores in 90 days

Spencer’s Retail, the multi-format retailer from RP-Sanjiv Goenka Group is on an expansion spree. It is presently focussing to expand the store count in existing clusters in east, south and north of India.In this effort, Spencer’s essentially opened one...

Spencer’s opens daily store in Gurugram

Spencer’s Retail, part of RP-Sanjiv Goenka Group, launched a daily store at Sriram Complex, C Block, Sushant Lok, Phase-1, Gurugram.The 4,047 sq. ft. store has got a wide range of merchandise from different categories including fresh fruits and vegetables,...

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,...

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...

2BMe opens first standalone store in Kolkata

2Bme apparel line, from the stable of RP-Sanjiv Goenka Group has introduced a fresh fashion range for the upcoming festive season. The apparel brand, 2Bme, which was launched earlier this year, is riding high on positive customer feedback with...

Spencer's to cover 10-12 cities in hyper delivery model for online orders by FY18

Spencer's Retail is steadily expanding its omni-channel presence and is planning to cover 10-12 cities in hyper delivery model for online orders. According to a PTI report: The retail chain launched its online channel in 2016 and is available across...

Top 12 Retail and Consumer Products Billionaires in India 2017

American business magazine Forbes released its annual list featuring richest people in the world on March 20, 2017. It was a record year for the richest people on earth, as the number of billionaires jumped 13 per cent to 2,043...
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IKEA FY24 loss widens to Rs 1,299 cr, revenue up 4.5% to Rs 1,809.8 cr

Ikea India reported a loss of Rs 1,133 crore and its revenue from operations was at Rs 1,731.6 crore...
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