Amazon in talks to buy minority stake in Spencer's: Reports
Amazon is reportedly in talks to buy a minority stake in RP-Sanjiv Goenka Group's food and grocery retail chain Spencer's Retail, which runs about 135 stores across 40 cities. Earlier, reports claimed that the US company is also in talks to acquire Aditya Birla Group's More supermarket chain and is aiming for a minority stake in Kishore Biyani's Future Retail.