Big Bazar vs Spencers

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[pic] IISE Managerial Economics RESEARCH STUDY ON: GROUP NAME: RAPTORS GROUP MEMBERS: S.Shazan Husain, Pradeep Pandey, Sandeep Maurya, Abhishek Mishra, Anand Awasthi PGDM 1ST YEAR SUBMITTED TO: DR.SHWETA SRIVASTAVA [pic] Acknowledgement We take this opportunity to express our profound gratitude and deep regards to Dr. Shweta Srivastava for her exemplary guidance, monitoring and constant encouragement throughout the duration of this trimester. The blessing, help and guidance given by her time to time shall carry me a long way in the journey of life on which we are about to embark. We are obliged to our mentor (Faizia Siddiqui) for the valuable…show more content…
Spencer (John William Spencer, to be precise) – it acquired Indian ownership in the 1960s, and became part of the RPG Group in 1989. Management |Name |Designation | |R.P Goenka |Chairman Emeritus | |Harsh Goenka |Chairman | |Sanjiv Goenka |Vice Chairman | Evolution In 1995, RPG Enterprises, the flagship company of the RPG Group, launched Foodworld as a joint venture with Hong-Kong based Dairy Farm International. The joint venture, which operated supermarkets under the name “Foodworld” and hypermarkets under the name “Giant”, was terminated in 2006. RPG retained 48 of the 93 stores it owned. These were re-furbished and their launch under the brand name, Spencer’s, kicked off a new phase in both the history of the Spencer’s brand, and the retail in India. Since inception Spencer’s has been a consumer-centric brand, constantly innovating, pioneering formats, evolving over time but always keeping consumer needs and satisfaction center-stage. Back in 1920, we were the first

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