RPG Enterprises` retail flagship, Spencer`s Retail, will add nearly 2.5 lakh
RPG Enterprises` retail flagship, Spencer`s Retail, will add nearly 2.5 lakh sq. ft of retail space over the next three to six months time. They had earlier deferred some of their plans, but now things have started looking up. They have also learned to cut down costs substantially. They have now cut down costs by Rs 100 crore annually through various measures. As a starter, the company is well set to open 30,000 sq. ft new outlets at Sarjanour and Brookfields in Bangalore, another 30,000 sq. ft hypermart in Pune, two 15,000 sq. ft stores at Trichi and National Theatre in Chennai and another 10,000 sq. ft store at LaVida Shopping Mall at Salt Lake in Kolkata over the next three months. Spencer`s will also be opening stand-alone “Fish & Meat” outlets in and around Kolkata and an exclusive high-end Gourmet Store at South City Mall in Kolkata. The rolling out of bakery-led cafetria chain -Au Bon Pain within Spencer`s stores in Bangalore, Hyderabad and Chennai is also round the corner. The back-end or base kitchen is ready in these places and the stores will be ready, starting from September, this year.