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The focus for Spencer's Retail is profitable growth: Shashwat Goenka

We want to ensure that the new stores we open become profitable from the first year itself and add to the bottomline, said Goenka

Shashwat Goenka
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Shashwat Goenka, sector head - Retail and FMCG of the RP-Sanjiv Goenka group.

Ishita Ayan Dutt
The retail industry is getting back on its feet from the lows of lockdown a year ago to contain the Covid-19 pandemic. In an interview, Shashwat Goenka, sector head - Retail and FMCG of the RP-Sanjiv Goenka group, tells Ishita Ayan Dutt that consumer confidence is picking up incrementally and the company is charting out growth plans. Edited excerpts:

What kind of recovery have you seen quarter-on-quarter?

We have seen recovery through the pandemic. More people are coming back to the stores, more people are stepping out, people are buying more. It’s increasing incrementally, which is a good sign. Between

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