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RP-Sanjiv Goenka Group

Spencer’s Retail Q1 net loss widens to Rs 64.13 cr

Its revenue from operations fell 8.18 per cent to Rs 570.17 crore during the quarter under review as against Rs 621 crore in the year-ago period New Delhi: RP-Sanjiv Goenka Group arm Spencer's Retail Ltd on Thursday said its consolidated...

How Retailers and Brands can rev up their snacks’ sales

When it comes to replacing meals with snacks, younger consumers are most likely to engage in this behaviour: More of younger millennials say that this is common practice for them, the most of any age group Mumbai: Until about a...

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 ago New 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...

RPSG’s Too Yumm brand forays into snacks category

The company is eyeing a significant chunk of the over Rs 30,000 crore ethnic snacks market in the country, including the organised space of Rs 14,000-15,000 crore, and has set a target of achieving Rs 100 crore sales in...

Spencer’s Retail appoints Anuj Singh as CEO and MD

Singh’s appointment follows the resignation of former chief executive officer and managing director Devendra Chawla Bengaluru: Multi-format retailer Spencer’s Retail has appointed Anuj Singh as the new chief executive officer, barely months after Devendra Chawla quit the company. Singh will serve...

Food sales of Spencer’s Retail grow vs last year, Nature’s Basket reports standalone turnover of Rs 87 cr

RP-Sanjiv Goenka Group arm Spencer's Retail Ltd on Thursday reported a consolidated net loss of Rs 29.64 crore for the December 2020 quarter. The company had posted a net loss of Rs 39.50 crore in the corresponding quarter a year ago, Spencer's Retail said...

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...

SkinKraft & Vedix raises Series A Funding led by RPSG Ventures

Incnut Digital, a data-driven media and e-commerce startup has raised around US$ 4 million funding in Series A from RPSG Ventures, an early stage consumer-centric venture capital fund backed by RP-Sanjiv Goenka Group as its sponsor investor. With the inflow...

Indian online grocery market can exceed Rs 22,500 cr sales in 2020: Sanjiv Goenka

The Indian online grocery market could exceed sales of about Rs 22,500 crore in 2020, a substantial 76 percent jump over the previous year, Spencer's Retail Chairman Sanjiv Goenka said. According to a PTI report; The preference for online delivery...
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