Spencer’s Retail, the retail arm of Indian conglomerate RPG Group, intends to invest in more store openings throughout India.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


A spokesperson for the retailer told just-food that the company is shifting its emphasis from smaller to larger formats in a bid to increase volumes.


“We are increasing the pace of expansion in our hypermarket business,” the spokesperson said.


The company plans to open around 50 Spencer’s Hyper hypermarkets in the remainder of its fiscal year.


According to a report in the Business Standard, the company has also scaled back plans to open its smaller-format Spencer’s stores, halving planned openings from 200 to 100.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

However, the company declined to comment on the report.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now