Spencer's Retail to open 15 stores in Jaipur

NEW DELHI: Spencer's Retail, part of the Rs 11,300 crore RPG Group, on Thursday said it plans to open 15 large format stores in Jaipur by end of 2007.

The company said it would open super format, daily format and four express format stores at different locations in the city.

It, however, did not disclose the investment lined up for the expansion plan.

The company on Thursday launched its first hyper store in Jaipur set up at 20,000 sq ft area.

It would offer a range of 25,000 products that would include groceries, fresh fruits, vegetables, processed foods, personal care, home appliances, home care, garments and home decor, a Spencer's release said.

"Customers can be assured of shopping in a clean, comfortable and friendly environment. Comfort, convenience, quality and precise quantity are just a few advantages one can experience at the Jaipur store. The accent is on personalised service at the most competitive price," Spencer's Retail President and CEO J H Mehta said.