Page 5 - Reliance Retail

Reliance Retail opens thirty Metro stores in Q1, total count crosses 200

The country's leading retailer Reliance Retail has added 30 new stores of Metro in the June quarter, taking the total count of the Cash & Carry outlets to over 200. Reliance Retail had acquired the Indian operations of German firm Metro AG's wholesale operations in December 2022 in a Rs 2,850-crore deal. At the time of acquisition, Metro was operating 31 large formats located in prime locations across key cities. "Grocery New Commerce business continued to expand its kirana partner base as Metro format scaled with 30 new store openings taking the count to over 200 stores with presence across 180+ cities," according to the earnings statement from Reliance Industries. Metro stores come under the grocery division of Reliance Retail Ventures Ltd (RRVL), which delivered another quarter of "steady growth", led by expansion in Tier-2 and beyond cities. Reliance Retail opened 331 new stores, taking the total count to 18,918. With this, the total retail area operated by Reliance Retail ..

Why Anant Ambani's $600 million wedding is just business as usual

Anant, the youngest of the 67-year-old's three children, kicked off his marriage celebration in March

Reliance Retail plans to launch sports format to compete with Decathlon

Reliance is in talks to lease 8,000-10,000 sq ft space across malls and high streets in top cities for the new venture. The name of the new brand has not been disclosed yet

Fast fashion brand Shein to re-enter India on Reliance Retail's app, stores

After a 4 year absence, Reliance may be launching Shein in India on its apps and storefronts within the coming weeks: All you need to know

Reliance Retail begins pilot runs for quick grocery delivery in Mumbai

Reliance Retail's new fast-delivery service is integrated into the JioMart mobile application under the 'hyperlocal delivery' option. The platform aims to bring delivery time down to 30 mins

Reliance Retail's JioMart to deliver groceries in 30 mins from next month

May expand half hour delivery to electronics and fashion categories

Reliance Consumer Products to focus on beverages, Independence brand

Biscuits to be the next focus for the company

Jio Financial Services arm plans Rs 36K crore deal with Reliance Retail

Reliance Retail is a step-down subsidiary of Reliance Industries Ltd. RIL holds 83.56 per cent in Reliance Retail Ventures Ltd

Jio Financial Services plans $4.33 billion deal with Reliance Retail

Under the proposed deal, the JFS unit called Jio Leasing Services will buy telecom equipment and devices that usually include routers and cell phones

RIL, Adani Ports, Vi, Biocon, CONCOR among nine stocks to track on May 17

At 6:51 AM, GIFT Nifty futures showed a rise of 26 points, trading at 22,478 levels, signaling a subdued start for the stock exchanges

Reliance Retail to bring UK's leading online fashion retailer ASOS to India

Reliance Retail will introduce ASOS's curated portfolio of fashion-led own brand labels to the Indian market through a multi-channel presence for ASOS and a diverse array of retail formats

Reliance Retail to sell British online retailer ASOS' products in India

The partnership is the latest in a string of deals by Reliance Retail, which has brought international brands such as American jewellery seller Tiffany & Co and French luxury brand Balenciaga to India

Leaning in: Isha Ambani beyond Reliance Retail, exhorts women to opt STEM

'A male-dominated STEM/ICT landscape, where women are under-represented, will rob India of its opportunity to rule the roost,' Ambani said

Reliance Retail Ventures plans expanding in diagnostic healthcare: Report

Company said to be considering acquiring majority stake in dedicated diagnostic services firm

ADIA, KKR invest Rs 12,864 crore in Reliance Retail warehousing assets

This investment is separate from the infrastructure investment trust (InvIT) established by RRVL last year, which was intended to accommodate approximately half of its retail warehousing assets

RIL to boost homegrown Wyzr brand in Indian consumer electronics market

Mukesh Ambani's company aims to open its own manufacturing plants, expanding Wyzr's product range to include TVs, washing machines, refrigerators

Reliance Retail Q4FY24 results: Net profit rises 11.7% to Rs 2,698 crore

Reliance Retail's annual net profit crosses Rs 10K cr; grocery clocks highest growth, followed by fashion and lifestyle

Deepika Padukone co-founded 82°E partners with Reliance Retail's Tira

Through this collaboration, 82°E, which operates in skincare, body care, and men's ranges, will have a first-time retail experience through an offline presence, according to a statement

Private equity investment falls 6-year low to $24.2 billion in FY24

Despite the slowdown in the financial year gone by, private equity firms and bankers are optimistic about the future

Business Standard Manthan 2024: 'Next Chanel will be from India'

Panelists agree that Indian luxury brands will expand footprints across globe