Reliance Retail may convert Metro Cash & Carry stores into B2B outlets

They may not be converted into hypermarkets and supermarkets as many are on city outskirts

Reliance Retail is expected to convert METRO Cash & Carry India stores into its B2B stores, which cater to bulk buyers and kirana stores, according to a person in the know.

These stores are expected to be rechristened Reliance Market. They will also be used as fulfilment centres for Reliance’s consumer-facing businesses, such as JioMart, the source said.

Though it would be easy for Reliance Retail to convert METRO Cash & Carry stores into hypermarkets and supermarkets because the FDI norms wouldn’t apply here, this is not feasible because a number of them are on the outskirts of cities where