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Retailer gains an immediate presence in Mumbai, Bengaluru and Pune.

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Retailer gains an immediate presence in Mumbai, Bengaluru and Pune. Deal estimated to be worth US$43m Spencer’s Retail, owned by RPG Enterprises, announced that it will acquire convenience retailer Nature’s Basket from Godrej Industries. The deal is estimated to be valued at US$43m and is awaiting approval from shareholders of both companies. The RPG Group currently operates 156 supermar...
Nine new stores opened in 90 days. Strengthening its presence in existing clusters Spencer’s Retail Limited, India’s oldest retailer, boosted its presence in the country by opening nine new stores in the past three months. The multi-format retailer now operates more than 140 stores across 40 cities. Of these, 33 are large format hypermarkets called Spencer’s Hyper. Instead of network exp...
RPG Group, which operates Spencer's retail in India, plans to enter FMCG manufacturing. Guilt-free Industries set up for new venture The new venture set up will sell packaged Indian, western snacks, juices and beverages under the 'Too Yumm' brand from next month. The plan is to launch a new consumer goods brand every quarter. Personal care and other segments will be added later. These produ...

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