kolkata spencers retail today said it will open 1015 stores every year focusing at hyper format over the next few years we plan to open 1015 stores mostly in hyper format each year over the next few years we will open nine stores this year the against 11 stores in fy14 sector head retail of rpsanjiv goneka group shashwat goenka said on the sidelines of launch of mobile shopping app spencers retail is an arm of rpsanjiv goenka group asked about capex plans he said to open each store it costs rs 35 crore and on this basis spencers will pump anywhere between rs 4060 crore a year in adding new stores the retail arm currently operates 126 stores including 33 in large format in 40 cities of the country spencers had closed several small format stores in the past across places it operates goenka declined to comment on west bengal agricultural produce marketing regulation amendment bill 2014 that allows direct procurement of produce from farmers meanwhile it launched spencers mobile app today to give shoppers a new experience in shopping at the retail chain goenka said after research it was found that in certain areas customers satisfaction could not be met and the focus being customercentric we wanted to revolutionise the way customer shops and the app is a significant step towards forging valuebased oneonone relationships with shoppers the app has been designed to give a convenient interface to shoppers which will keep them uptodate about what is happening in our stores he said pti published on dec 10 2014 at 0719 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etretail app get realtime updates save your favourite articles scan to download app spencers retail retail expansion shashwat goenka sanjiv goneka homenewsspencers retail plans 1015 hyper stores every year