date:Jun 04, 2013
India-based supermarket chain Spencer's Retail plans to open 80 large format stores by 2017 across the country with an investment of INR6bn ($105.8m).
As part of the plan, the chain has unveiled its first Spencer's Hyper store at Velachery, Chennai.
The chain is mainly focusing on north (Uttar Pradesh the Delhi-National Capital Region), the East (West Bengal and Chhattisgarh) and the South (Andhra Pradesh, Tamil Nadu and Karnataka).
Spencer's Retail chief executive Mohit Kampani told The Eco