Retaining loyalty will be key, say analysts
The acquisition of Future Group's 2,000 retail stores and Big Bazaar grocery chain will help Reliance, which sells everything from groceries to electronics
Store staff to be retained, say sources
With the combined entity more than twice its size in grocery, pricing pressures could hit profitability
Rival Reliance Retail too will be investor in company
Gets scale, massive presence, higher valuation of its retail business, and inherits the entire logistics and distribution chain
Mismatch between ambition and resources; debt does him apart, say experts
Future group's brands include Big Bazaar, Easyday, Nilgiris, Central
Robust omni-channel network in the offing, says Reliance Retail's FY20 annual report
The VC fund the move will fetch it attractive returns as the online pharma start-up grew 4x over past three years
This investment represents 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries
Next on the list: media and entertainment, e-commerce, a series of online businesses, and retail
Plans to export JioMart-WhatsApp model
Around 50 per cent of Reliance Retail's nearly 12,000 stores were fully shut in the quarter, while 29 per cent were partially open, the company said on Thursday
With the launch of the app, JioMart has now enabled increased omni-platform interface bringing seamless and enhanced accessibility to consumers
Amazon wants a preferred, strategic stake in Reliance Retail for JioMart
Cost efficiency gives Avenue Supermarts an edge, but valuation is expensive
Cost efficiency provides DMart an edge, but competitive intensity is growing
Company ranks among top 100 global retailers
"We will induct global partners and investors in Reliance Retail in the next few quarters," he said at Reliance Industries annual general meeting