Spencer's Retail
Encyclopedia
Spencer's Retail is one of India’s
fastest growing retail stores.Spencer's is based on the 'Food First' Format (it mainly offers fresh and packaged food). Many outlets though sport multiple formats for retailing food, apparel, fashion, electronics, lifestyle products, music and books. It is owned by the RPG Group
, a major business house.
Established in 1996, Spencer’s is one of the popular destination for shoppers in India with supermarkets, hypermarkets and dailies spread all over India.
In Late October 2009, Spencer's opened its Largest Store in India in the southern Indian city of Bangalore
. The store is spread over 35000 square feet (3,251.6 m²) is part of their current expansion plan which involves the opening of 10 stores in the city (3 hypermarkets).
has been bought over by the RPG group. All stores will be rebranded under the Spencer's banner once formalities are completed.
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
fastest growing retail stores.Spencer's is based on the 'Food First' Format (it mainly offers fresh and packaged food). Many outlets though sport multiple formats for retailing food, apparel, fashion, electronics, lifestyle products, music and books. It is owned by the RPG Group
RPG Group
The RPG Group one of India's largest industrial conglomerate headquartered in Mumbai, India. It was founded by RP Goenka in 1979, and initially encompassed Phillips Carbon Black, Asian Cables, Agarpara Jute and Murphy India...
, a major business house.
Established in 1996, Spencer’s is one of the popular destination for shoppers in India with supermarkets, hypermarkets and dailies spread all over India.
Formats
Spencer's began operations as a retail chain in he early 90's in Southern India. Stores are largely setup in one of 2 formats.- Convenience stores, called Spencer’s
- Hypermarkets, called Spencer’s hyper
In Late October 2009, Spencer's opened its Largest Store in India in the southern Indian city of Bangalore
Bangalore
Bengaluru , formerly called Bengaluru is the capital of the Indian state of Karnataka. Bangalore is nicknamed the Garden City and was once called a pensioner's paradise. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore is India's third most populous city and...
. The store is spread over 35000 square feet (3,251.6 m²) is part of their current expansion plan which involves the opening of 10 stores in the city (3 hypermarkets).
Key people
(as of Dec 2009)- Vineet Kapila -President.
- Satya Srivastava - Senior Vice President - Commercial
- Nihar Ranjan Ghosh - Senior Vice President - Human Resource
Product categories
- Food and grocery including Fast Moving Consumer GoodsFast Moving Consumer GoodsFast moving consumer goods or Consumer Packaged Goods are products that are sold quickly and at relatively low cost. Examples include non-durable goods such as soft drinks, toiletries, and grocery items...
(FMCG) processed foods - Fresh fruits, vegetables & exotic range
- Specialty and international foods
- Personal Care, cosmetics and fragrances
- Home and office essentials
- Electrical and Electronics
- Garments and fashion accessories for men, women and children
- Food-court / café
Private Brands
Spencer's boasts of a wide range of private brand products that encompasses both foods as well as non-foods FMCG category. 'Spencer's smart choice' is the leading instore brand which has a plethora of products ranging from juices, noodles, cookies,honey, Air freshner etc. Spencer's also has the 'clean home' range of home improvement products and 'Tasty wonders' range of snacks and impulse food range.Apart from this Spencers has very successfully launched its general mechandize products under the brand name of MAROON which includes Non Stick, Hard Anodized, Home Plastic and Foils.Expansion
Retail chain FoodworldFoodworld
Foodworld, previously known as Spencer's Daily, is a chain of supermarket stores. It was started in May 1996 as a division of Spencer & Co, a part of the RPG Group. In August 1999 it became a separate company...
has been bought over by the RPG group. All stores will be rebranded under the Spencer's banner once formalities are completed.
See also
- FoodworldFoodworldFoodworld, previously known as Spencer's Daily, is a chain of supermarket stores. It was started in May 1996 as a division of Spencer & Co, a part of the RPG Group. In August 1999 it became a separate company...
- Namdhari's FreshNamdhari's FreshNamdhari's Fresh is a grocery store chain, started in 2000 in the city of Bangalore. The chain was setup with the objective of filling the segment of premium green grocers. The company offers high quality fruits and vegetables for retail purchase...
- Spar (retailer)
- Big BazaarBig BazaarBig Bazaar is a chain of hypermarket in India. Currently, there are 210 stores across 80 cities and towns in India. Big Bazaar is designed as an agglomeration of bazaars or Indian markets with clusters offering a wide range of merchandise including fashion and apparels, food products, general...