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In expansion mode, Reliance Retail may spend Rs 2,500 crore

At the end of the third quarter of FY17, Reliance Retail operated 3,553 stores across 686 cities

Raghavendra Kamath  |  Mumbai 

After the group’s aggressive focus on its telecom business under the Jio brand, Mukesh Ambani-led Reliance Industries is looking to significantly scale up the retail operations once again following a phase of consolidation. Reliance Retail, the largest retailer in terms of revenues and stores, is planning to grow across all formats — fashion, food and grocery as well as wholesale. The chain is expected to open 200 fashion stores under Reliance Trends, a similar number of food and grocery stores in its Fresh and SMART format, and around 300 wholesale outlets as part of ...

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In expansion mode, Reliance Retail may spend Rs 2,500 crore

At the end of the third quarter of FY17, Reliance Retail operated 3,553 stores across 686 cities

At the end of the third quarter of FY17, Reliance Retail operated 3,553 stores across 686 cities After the group’s aggressive focus on its telecom business under the Jio brand, Mukesh Ambani-led Reliance Industries is looking to significantly scale up the retail operations once again following a phase of consolidation. Reliance Retail, the largest retailer in terms of revenues and stores, is planning to grow across all formats — fashion, food and grocery as well as wholesale. The chain is expected to open 200 fashion stores under Reliance Trends, a similar number of food and grocery stores in its Fresh and SMART format, and around 300 wholesale outlets as part of ... image
Business Standard
177 22

In expansion mode, Reliance Retail may spend Rs 2,500 crore

At the end of the third quarter of FY17, Reliance Retail operated 3,553 stores across 686 cities

After the group’s aggressive focus on its telecom business under the Jio brand, Mukesh Ambani-led Reliance Industries is looking to significantly scale up the retail operations once again following a phase of consolidation. Reliance Retail, the largest retailer in terms of revenues and stores, is planning to grow across all formats — fashion, food and grocery as well as wholesale. The chain is expected to open 200 fashion stores under Reliance Trends, a similar number of food and grocery stores in its Fresh and SMART format, and around 300 wholesale outlets as part of ...

image
Business Standard
177 22