Grocery brand Nature's Basket to soon expand to Kolkata

The RP-Sanjiv Goenka (RPSG) Group is planning to expand its grocery brand, Nature’s Basket, in Kolkata soon. The grocery and fresh fruit chain was acquired by Spencer’s Retail in an all-cash deal from Godrej Industries.

Spencer’s Retail, the acquirer belonging to the RPSG group stable, looks to launch 15-20 stores under Nature’s Basket brand over the next few months in the city.

Currently, the group is on the lookout for locations in Kolkata. Each of these stores will be spread between 4,000-5,000 square feet, while the maiden store in the city will have an area no less than 10,000 square feet.

Sanjiv Goenka, Chairman of RPSG Group, said, “We are looking for spaces in the city to set up Nature’s Basket. At least 15-20 such stores are being planned. We are keen to expand this brand in Kolkata and desperately scouting for available space across the city.”