Goenka is optimistic about the group’s quick commerce foray. On competing with established players like Zepto, Instamart and Blinkit, he said, 'More the competition, the better the output.'
RPSG Group stocks surged up to 60% in a month, with PCBL and Spencer's Retail leading gains, following bullish projections from Chairman Sanjiv Goenka on growth across various sectors.
Spencer's Retail announced opening a new format chain 'Spencer's Value Market' that targets value-conscious consumers. Part of the RP-Sanjiv Goenka Group, the retailer will open the new stores in six South Indian cities this month.