Spencer's Retail
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Retail |
| Founded | 1863 as Durrant & Spencer |
| Founders | Charles Durrant & John William Spencer |
| Headquarters | , |
Number of locations | 120 Across 35 Cities [1] |
Number of employees | 5000+ |
| Parent | RP-Sanjiv Goenka Group, [1] |
| Website | spencersretail.com |
Spencer's Retail is a chain of retail stores headquartered in Kolkata, West Bengal having presence in over 35 cities in India. 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 RP- Sanjiv Goenka Group, a major business house.
Formats
Spencer's began operations as a retail chain in the early 1990s[2] in Southern India. Stores are largely set up in one of 2 formats.
- Convenience stores, called Spencer’s
- Hypermarkets, called Spencer’s Hyper
In 2008, Spencer's opened its Largest Store in India in the eastern Indian metropolis of Kolkata. The store is spread over 72,000 square feet (6,700 m2) and is located in the famous South City Mall.
Key people
- Shashwat Goenka
- Mohit Kampani - Managing Director
- Vipin Bhandari - Deputy CEO
- Satya Srivastava - CFO
- Sandeep Gautam - Executive Director - Human Resource
- G Murali - Executive Director - Business Process
- Karthik Kuppusamy - VP - Supply Chain and IT
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 merchandize products under the brand name of MAROON which includes Non Stick, Hard Anodized, Home Plastic and Foils.
Expansion
Retail chain Foodworld has been bought over by the RPG group. All stores have been re branded under the Spencer's banner once formalities are completed...
