Spencers’ to open 15 outlets this month

There is lots happening in the food retail sector this month. Business Standard reports that the RPG group owned Spencers’ food retail stores will soon have 15 new stores in 10 cities by the end of December 2007. All new stores will be Spencers’ Dailies. The company currently has 88 outlets in the country and is expanding rapidly to position itself as the largest supermarket brand in the country. There are 74 Spencers’ Dailies at present, 3 supermarkets, 7 hypermarkets 3 Express and 2 Fresh. The company has plans to open more of its other formats, hypermarkets and Spencers’ Supers next year.