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Shashwat Goenka

Spencer’s Retail expands its footprint in Kolkata, opens its 22nd store in the city

Spencer’s Retail, an RP-Sanjiv Goenka Group Company, announced opening of its much awaited 14,000 sq.ft. store in Downtown Mall, Uniworld City in Rajarhat, Kolkata. This is the 22nd Spencer’s Retail store in Kolkata and 125th store pan India. Speaking about...

E-commerce, brick-and-mortar to co-exist: Spencer's Head

Even though e-commerce is going to be the inevitable future, brick-and-mortar will co-exist in immediate future with strong purchase psychology associated with touch and feel, Retail Sector Head, Spencer's, Shashwat Goenka on Friday. "E-commerce is the inevitable future. However, Indian...

Spencer's expects Rs 300 cr revenue from new apparel brand in 4 years

Unveiling the new brand '2Bme' for apparels, the Spencer's Retail Limited, a part of the Rs 19,000 crore RP-Sanjiv Goenka Group, expects to garner Rs 300 crore revenue from the brand in the next four years, a company official...

Spencer's to enter non-food space in 2017, writes Shashwat Goenka

2016 has been a coming of the age year for retail industry in India. There has been a significant movement towards digitisation within the sector and it has witnessed exponential growth driven by rising incomes, favourable demographics, easing for...

Spencer's to launch apparel section next week

Spencer's Retail Limited, a part of the Rs 19,000 crore RP-Sanjiv Goenka Group, will be launching a whole new apparel section next week, a company official said on Friday. The multi-format retailer has been taking a string of measures to...

India's succulent meat sector cuts above the rest

India’s growing bulge of middle class consumers is pushing the growth of the meat sector. Research shows that there will be around 80 per cent growth in meat demand by 2022 driven by the desire for convenience, which will...

Spencer's Shashwat Goenka: From vision to mission

Sector Head - Spencer’s Retail Limited, RP-Sanjiv Goenka Group, Shashwat Goenka, was all of 23 when he joined the family business and took the reins of Spencer’s retail in his hands. On one hand he had to rescue the dwindling grocery retail...

Spencer’s eyes Rs 500 crore revenue by 2020 from e-commerce

Sanjiv Goenka-owned Spencer’s Retail jumped on the Omnichannel bandwagon last year, after acquiring Delhi-based grocery e-tailer meragrocer.com, which was eventually turned into spencers.in. Now, after running a successful beta version of the online portal for employees, Spencer’s Retail officially...

Guts over Fear

Life begins where fear ends; it is a battle between guts over fear and when the gut wins, an epochal journey begins from there. The Indian retail industry is also undergoing a metamorphosis: Following omni-channel pursuit to innovating usage...

Spencer’s Retail launches 7th hyper store in Kolkata

Spencer’s Retail Limited, a multi-brand and multi-format retailer, launched its hypermarket in the North Kolkata, located at Club Town Heights, BT Road which is its 7th hyper store in the city. Speaking at the launch, Shashwat Goenka, Sector Head –...
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Max Fashion launches new youth centric brand ‘Urban’

The first Max Urban collection will be available across the brand's retail stores as well as on the e-commerce...
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