Spencer’s Retail, the RPG Group retail flagship, has kicked off a restructuring exercise

Spencer’s Retail, the RPG Group retail flagship, has kicked off a restructuring exercise. The company, which used to operate with five retail formats, plans to consolidate operations with two formats. The outlets spread between 3,000 sq ft and 15,000 sq ft will be named ‘Spencer’s’ while those upwards of 25,000 sq ft will operate as ‘Spencer’s Hyper’.

Till lately, Spencer’s used to run five different retail formats: Spencer’s Hyper (30,000-75,000 sq ft), Spencer’s Super (8,000-15,000 sq ft), Spencer’s Daily (4,000-7,000 sq ft), Spencer’s Express (1,000-1,500 sq ft) and Spencer’s Fresh (1,200-2,000 sq ft). It has been undertaken to create better synergy in operations, increase consumer recall and create a common visual identity.