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HEAD SHASHWAT GOENKA
Spencer's Retail Q3 Results: Loss widens to Rs 61.75 croreTotal expenses were higher at Rs 703.89 crore as compared to Rs 669.49 crore in the same quarter a year ago.Spencer's Retail Sector Head Sh...- Spencer’s Retail MD Devndra Chawla steps down; to join GreenCell Mobility as CEOIn a regulatory filing, the retail company said Chawla has tendered his resignation from the position of chief executive and managing direc...
- Spencer’s Retail forays into new hypermarket formatThe company at present is converting ten existing Spencer’s stores into this new format while from next fiscal it will launch new stores or...
- RP-Sanjiv Goenka Group forays into personal care FMCG segmentGuilt Free Industries has launched its range based on natural ingredients under the Naturali brand. Goenka said the company will expand the...
- Spencer's Retail Q3 Results: Net loss at Rs 29.6 croreIts revenue from operations during October-December 2020 stood at Rs 671.99 crore. It was against Rs 699.78 crore in the year-ago period.
- Spencer's targeting profit from Nature's Basket in 2 yearsThe RP Sanjiv Goenka Group's retail flagship Spencer's Retail in May acquired the premium Nature's Basket chain from the Godrej Group for a...
- Spencer’s Retail set to have a CEO after a gap of two yearsThe appointment comes on the verge of Spencer’s Retail getting listed as a separate entity in the stock market last Friday after demerger w...
- RP-Sanjiv Goenka Group to enter into the apparel retail businessThe business will be initially launched in Kolkata and then the National Capital Region and Hyderabad. “Hitherto food and staples were the ...
- Spencer’s forays into grocery e-tail in NCR and KolkataThe company is revamping its supermarket stores that will now focus on smaller packs that consumers buy for their weekly or daily needs.
- Sanjiv Goenka's son gets married, India Inc turns up in full strengthThe celebrations, which lasted for three days, were attended by over 7,500 guests which included political leaders, cricketers & Bollywood ...
- Cirque du Soleil to perform at Shashwat Goenka's wedding to Shivika JhunjhnuwalaSanjiv Goenka's son will get married in an elaborate two-day affair in Kolkata on January 29.
- Hypermarket chain Spencer’s Retail acquires ecommerce startup MeraGrocer to foray into online salesGoenka said MeraGrocer will not offer any massive discounting and its deals will be similar to those available in local Spencer’s stores.
- Spencer's Retail acquires 100% stake in meragrocer.comGoenka said the cost of acquisition for meragrocer.com is much lower than what it would have been to set up a greenfield operation for e-co...
- Spencer’s Retail hires two senior executives to expand fasterThe retail chain is accelerating its path to profitability by shutting unviable stores, keeping a close eye on costs.
- Spencer's evaluates tie-up with hyper-local startupsSpencer's Retail Ltd, a CESC subsidiary, was evaluating about tying up with hyper-local startups for digital footprint for the retail major.
- Spencer's Retail demerger plan from CESC hinges on break-evenThe demerger of Spencer's Retail from RP-Sanjiv Goenka Group's flagship company CESC Ltd to unlock its value hinges upon break-even of the ...
- Spencer's Retail plans 10-15 hyper stores every yearSpencer's Retail today said it will open 10-15 stores every year focusing at hyper format over the next few years.
- Spencer’s Retail plans foray into e-commerce, cash-and-carry wholesale later this yearSpencer’s is studying new formats like cash-and-carry wholesale, e-commerce etc. to expand later this yr to breakeven within the next four ...
- Young turks bring in more variety to consumer spaceEpicusine, Spencer’s Retail’s new initiative, stocks, among other things, a huge variety of non-vegetarian delicacies sourced from around t...
- At 23, Shashwat Goenka is youngest biz head in organised retail, takes charge of Spencer's Retail chainShashwat Goenka, son of RP-Sanjiv Goenka Group chairman Sanjiv Goenka, has taken charge of Spencer’s Retail chain.
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