Spencer's Retail, a subsidiary of RPG Enterprises, is planning to invest Rs 100 crore on expansion of its outlets by this fiscal.

The move will cover both the BPCH brands as well as 10-12 large format Spencer's stores, which expected to open during next six months.

It should be recalled that Spencer's Retail had shut down over 100 of its outlets last year due to low footfalls and sales and high rentals.

Further, the company revealed its plan to expand the US-based Beverly Hills Polo Club (BHPC) brand, with which Spencer's Retail had tied-up last year. The company intends to raise the number of BHPC standalone stores to 10 in the next six months from three at present.     

Apart from the latest development, the company is presently in discussions with three international players from the apparel category and would introduce some international apparel brands in the country.