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Spencer’s Retail

Spencer’s Retail Q3 loss widens to Rs 61.75 cr

The company's revenue from operations for the December quarter 2022-23 under review stood at Rs 638.91 crore as compared to Rs 624.07 crore in the year-ago period New Delhi: RP Sanjiv Goenka Group firm Spencer's Retail Ltd on Tuesday reported widening...

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...

Intelligent Process Automation for the Retail Industry – Human & Digital Workforce

The last few months have imposed a steep learning curve for businesses across the globe. Organizations of all scale and sizes were compelled to re-think and reinvent operations, processes as well as roles, to sustain the catastrophic affects of...

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...

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...

COVID-19 Impact: Key learnings & future course of action for retailers

India’s retail sector is one of the largest employers in the country with almost 46 million people working in the industry. With the onset of the pandemic and as retail businesses continue to be deeply damaged by the ongoing...

Market Intelligence, Innovation, Self-Disruption and Localisation: Major trends in India’s food retail sector

At India’s largest food retail intelligence event, India Food Forum 2020, industry leaders from food retail and market research shared sharp insights on the Indian industry and presented ideas to drive its growth. India Food Forum 2020 began today...

East India emerges as epicenter of modern retail activity

While India’s long term growth outlook remains intact, there is no denying the ongoing volatility in the market at this time. Across the industry sectors, 2019 has been a year of uncertainty and vulnerability due to the rise of...

Spencer’s Retail to acquire Godrej Nature’s Basket

The RP-Sanjiv Goenka Group controlled Spencer's Retail on Friday said its board of directors has approved acquisition of 100 per cent stake in Nature's Basket Ltd, a wholly-owned subsidiary of Godrej Industries, for a consideration of about Rs 300...

RP-SG group’s FMCG business likely to break even by March 2020

RP-Sanjiv Goenka Group's FMCG business is expected to break-even by March 2020, an official said on Friday.Responding to a shareholder's question on "when will the demerged units be profitable" at the CESC (Calcutta Electric Supply Corporation)'s Annual General Meeting,...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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