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Spencer's launches hypermarket in Meerut

By Nabamita Chatterjee | Vjmedia Works | October 22, 2013

The retail brand plans to add 3,00,000 sq. ft of new trading area by the end of this financial year.

Spencer's Retail Limited has forayed into the Meerut market with a new Hypermarket spread over an area of 30,000 sq. ft. on the lower ground floor of Shopprix Mall.  The store has a carefully selected assortment to cater to the regional needs of the customers. Speaking on the occasion of its launch, Mohit Kampani, President & CEO, Spencer's Retail Ltd. said, "We are happy and proud to mark our presence in Meerut with our first Hyper store in the region. Spencer's endeavour is to offer shoppers the best in food and non-food assortment at trusted prices, deliver a superior and enjoyable shopping experience thereby creating customer delight. This is in line with its brand promise of making fine living affordable.”

With more than 15,000 SKUs the new Spencer's hypermarket will offer a wide range and assortment of merchandise across categories of food and grocery, fresh fruits and vegetables, electrical and kitchen appliances, stationery, home and personal care products. The store also offer Spencer's Patisserie - LIVE BAKERY which is the first of its kind in the city offering a variety of freshly baked products.

Mohit Kampani further said, "We are very happy to be a part of this city now and expect to be a household name soon. We are very aggressively expanding our footprint in the country and target to open 12 hypermarkets by the end of this financial year in chosen geographies. By 2017, we hope to have 100 Hypermarkets from 29 currently.” Spencer's Retail plans to add 3,00,000 sq. ft of new trading area by the end of this financial year.
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