Spencer's Retail Limited recently announced it would open 100 hypermarkets (retail stores) across India by 2017.The company recently opened its first store in Bhopal, which was its 32nd hypermarket in…
Spencer's Retail, a division of RP-Sanjiv Goenka Group, is now eying revenues of Rs 5,000 crore in next four years from annualised sales of Rs 1,600 crore at present. For…
Reliance Retail is converting some of its big hypermarkets into wholesale cash-and-carry stores, in an apparent sign of modern retail's inability to effectively take on neighbourhood stores in India. The…