“Spencer’s wants to be­come the most prof­itable re­tailer with lu­cra­tive ex­pan­sion through hyper­mar­kets and small for­mat stores”

Progressive Grocer (India) - - Contents -

Spencer’s Re­tail is one of the ear­li­est en­trants in the re­tail space in In­dia, and cur­rently runs 138 stores across 36 cities in both large and small for­mats. The re­tailer takes pride in con­stantly in­no­vat­ing to ex­pand its of­fer­ings. Says Shashwat Goenka, Sec­tor Head, Spencer’s Re­tail Lim­ited, “Con­sumers view us as be­ing syn­ony­mous with qual­ity and, hence, from be­ing their pre­ferred food desti­na­tion, we have now ex­tended a sim­i­lar of­fer­ing in the non-food space with cat­e­gories like ap­parel and gen­eral mer­chan­dise.”

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