spencers

As of June 30, Spencer's was operating 152 stores with a total trading area of 13.29 lakh sq ft New Delhi: RP-Sanjiv Goenka Group arm Spencer's Retail Ltd on Wednesday said it will close 10 loss-making stores in Tamil Nadu...

Food & FMCG products in India were typically retailed in small individually or family-owned and operated stores located in villages, city neighborhoods, and large urban markets. Grocery stores (called Kirana stores locally) account for the bulk of food retail...

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...

The maiden rights issue of Spencer’s Retail of Rs 80 crore to meet its working capital needs and other general purposes opened on Tuesday. The issue will close on August 18, company officials said. According to a PTI report: The...

Walmart-owned Flipkart on Tuesday announced the launch of its hyperlocal delivery service 'Flipkart Quick' that will enable customers to receive grocery, fresh vegetables, meat and mobile phones in 90 minutes. “The service will be available in select locations in Bengaluru...

Walmart-owned Flipkart will soon launch a new hyperlocal delivery service that will enable customers to receive items from nearby stores, according to sources. Flipkart is looking to start testing the service in Bengaluru in the next few weeks, beginning...

They say that gold is the only commodity whose value is burnished by grim news. That's because in response to any generalised fears of socio-economic turmoil, people always prefer to have a claim on gold in a vault to...

E-tailer Flipkart on Thursday announced a pilot with retail chain store Spencers to introduce hyperlocal deliveries of groceries and essentials, beginning from Hyderabad. Under this pilot project, consumers will be able to order groceries and essentials from the Spencers store...

The East Indian retail market has been on a growth trajectory since the evolution of new Millennials population. Analysts have attributed this upward swing to the evolving middle-class, rising disposable incomes and growing aspirations for improved living standards, especially...

The Great Indian Mall Boom began innocuously enough in the early 2000s, with just three malls in existence in the entire country. Nineteen years later, the number has mushroomed to a whopping 650 malls, enabled by the fact that...