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    Spencer’s to open hypermarket in Nashik

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    Retail arm of is all set to open a in Nashik, Maharashtra, by the beginniong of the next fiscal year 2009-10. The company has booked a 40,000 square foot area for the purpose in a large commercial complex, being constructed by Nashik-based Shraddha land developers and builder at college road area in the city, according to a company official.

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    Currently, Spencer’s runs 123 stores including 38 large-format stores across 35 cities in India and the all-India footfall is nearly 4 million per month

    This new proposed hypermarket in Nashik will offer various products from different categories including apparel, general merchandise, food, non-food, fruits and vegetables, electronic, furniture, books music and stationery, mobiles, health zone, crockery, dry fruits, watches and sunglasses, catering to every single household need of a family, added the company official.

    Spencer’s has already opened three retail stores in Nashik, covering retail space of 2,500 to 3,000 square feet each. These three stores are located at Tidke Colony, Indira Nagar and Trimurti Chowk areas of the city.

    Spencer’s retail is a multi-format retailer with 400 stores, including 32 large format stores across 66 cities in India.

    — IndiaRetailing Bureau