https://www.taxtmi.com/news?id=30479 Spencer's is launching quick commerce under the brand Jiffy using its 89-store network and third-party delivery to enable 20-30 minute fulfilment, evaluating dark stores as needed, and expanding into Uttar Pradesh while focusing on core geographies after exiting loss-making regions; the company targets a near-term doubling of daily online orders and reported positive EBITDA due to store-network rationalisation and cost optimisation. en-us Thu, 16 Jan 2025 18:16:04 +0530 Thu, 16 Jan 2025 18:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30479 Spencer's is launching quick commerce under the brand Jiffy using its 89-store network and third-party delivery to enable 20-30 minute fulfilment, evaluating dark stores as needed, and expanding into Uttar Pradesh while focusing on core geographies after exiting loss-making regions; the company targets a near-term doubling of daily online orders and reported positive EBITDA due to store-network rationalisation and cost optimisation. News - Thu, 16 Jan 2025 18:16:04 +0530 https://www.taxtmi.com/news?id=30479