<h1>Spencer's Retail Q3 Net Loss Narrows, Launches 'Jiffy' for Quick Deliveries, Plans Expansion in Core Markets.</h1> Spencer's Retail reported a reduced net loss of Rs 47.34 crore for Q3, compared to Rs 51.20 crore the previous year. Revenue fell by 20.9% to Rs 516.97 crore due to a weak festive season. To boost growth, the company launched 'Jiffy', a quick commerce service in West Bengal, aiming for 20-30 minute deliveries. The initiative will expand to Uttar Pradesh, focusing on core markets after exiting less profitable regions. Spencer's plans to double daily online orders and open new stores in Bengal and Uttar Pradesh. Despite revenue decline, the company achieved positive EBITDA through operational optimizations.