People have reduced buying frenzy: Spencer's Retail's Shashwat Goenka

Supply chain for essential items has been ensured in the country, says Shashwat Goenka, sector head for FMCG & Retail at Spencer's Retail.

Spencer’s Retail, part of the RP-Sanjiv Goenka Group, is the only retail chain to have kept 90 per cent of its stores operational during the lockdown. While it is banking on tie-ups with aggregators for home delivery, Shashwat Goenka, sector head (FMCG & Retail) at RP-Sanjiv Goenka Group, discusses the Covid-19 situation and Spencer’s unique initiative, in an interview with Avishek Rakshit. Edited excerpts:

What is the situation with Spencer’s Retail and Nature’s Basket?

Both Spencer’s Retail and Nature’s Basket are operational. We are the only retailer in the country to have 90 per cent of our stores up and running. We