Spencer`s Retail will invest Rs 4 billion to achieve the turnover target of Rs 25 billion in the current financial year, reports Business Standard.
The company plans to open 300 more small stores apart from 23 hyper market stores in the country.
Out of total planned 300 new stores, six Hyper Market stores would be opened in districts of Punjab including, Bathinda, Patiala, Amritsar, Pathankot, Chandigarh and Ludhiana. Apart from six Hyper Market stores, the company will also open 25 small stores in the state
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