Reliance Retail

  • India to be largest overseas market by 2016: Marks & Spencer November 11, 2013

    Mumbai: British retail chain Marks & Spencer's, which operates through an alliance with Reliance Retail, on Monday said its India operations will be the largest outside the home market by the turn of 2016 by when it will have over 80 stores here. "India is a priority market for us and...
  • Reliance Retail turnover up 48 per cent in H1 of FY13 October 15, 2012

    New Delhi: Reliance Industries on Monday said it has witnessed over 48 per cent growth in its organised retail business to Rs 4,910 crore during the six months ended September 30. "During the H1, FY13, Reliance Retail witnessed strong growth through new store launches and same store sales growth. Turnover...
  • FTN: India Inc must cut cost to survive economic crisis November 13, 2008

    The Index of Industrial Production (IIP) figures rose to 4.8 per cent in September from a dismal 1.4 per cent in the month before. But experts warn that it is not yet time to rejoice as the situation could worsen due to global economic meltdown. Companies are putting expansion plans on...
  • Marks and Spencer's ties up with Reliance Retail April 19, 2008

    London/Mumbai: Britain's largest retailer Marks and Spencer (M&S) will open at least 50 stores across India over the next five years after signing a pathbreaking agreement with the Mukesh Ambaniled Reliance Retail Ltd (RRL) Friday. The two companies have set up a new joint venture, Marks and Spencer Reliance India, with...
  • RIL Retail forays into lifestyle, entertainment January 24, 2008

    New Delhi: Mukesh Ambani's retail juggernaut will soon roll into the home solutions, travel, beauty and entertainment market. But amidst all this talk of new specialty segments, the company continues to be tightlipped about a possible IPO. Undeterred by protests, Mukesh Ambani is rolling out new services under the Reliance Retail...
  • Reliance Retail all set to furnish homes January 8, 2008

    New Delhi: India adds four and a half million new houses every year. The boom in the real estate market has had a multiplier effect on the home solutions market that has currently pegged at one lakh crore. But the organised pie is just worth Rs 14,000 crore. No wonder...
  • Uma Bharti instigates attack on Reliance Fresh November 22, 2007

    New Delhi: Bhartiya Janshakti leader Uma Bharti's followers on Thursday attacked Reliance Fresh outlet in Bhopal. Bharti was seen instigating her supporters to pelt stones at the shop, which was incidentally closed. The rally was held by the Bhartiya Janshakti Party chief as a mark of protest against the setting...
  • Reliance Industries launches apparel speciality outlet October 12, 2007

    Gurgaon: It is fashion for the masses. In order to cater to the needs of increasingly fashion conscious consumers, Reliance Retail, an arm of Reliance Industries, Thursday announced the launch of its first apparel speciality store Reliance Trends, at the Ambi Mall in Gurgaon. "We think that fashion must not...
  • Reliance Retail back in Orissa with a bang October 10, 2007

    New Delhi: Reliance Retail resumed its rollout in Orissa on Tuesday in spite of protest from local traders. The group, which had recently threatened to pack up from several states, including Orissa and Uttar Pradesh, where it did not get favourable response, resumed its retail rollout in the state again by...
  • Reliance Retail sacks 400 employees in WB October 1, 2007

    Kolkata: Reliance Retail has sacked 400 employees, almost half of its workforce, in West Bengal. Opposition from political parties and local traders had prevented the company from opening its fresh food outlets in the state. The company, which was to open 15 Reliance Fresh stores in and around Kolkata starting July,...
  • Reliance Retail fires first salvo, takes on Walmart September 18, 2007

    Mumbai: Walmart's aggressive sourcing from small town India has meant big bucks for Indian small and medium enterprises. Koncherry Weavers, a company that's situated in the remote town of Allepey supplies coir and jute mats to Walmart. And that constitutes Rs 16 crore in their Rs 80 crore turnover. But...
  • Reliance takes the blow as Left talks shop July 7, 2007

    New Delhi: No big shops please, we are Marxists thats the latest red herring from the comrades. After taking on the Tatas over the Munnar forestland issue, the VS Achuthanandan government in Kerala is now planning to stop Reliance Retail from setting up shop in the state. While a CPIM...
  • After Munnar, Kerala govt trains its guns on Reliance July 6, 2007

    New Delhi/Kochi: After taking on the TATA's over the Munnar forestland issue, the VS Achuthanandan government in Kerala is now training its guns on Reliance Retail in the state. Interestingly, a CPIM MLA inaugurated one of the three Reliance Fresh retail outlets in Kochi. Though, Reliance has made a flying...
  • Reliance Retail overcomes land woes June 18, 2007

    New Delhi: Reliance Retail is set to make huge investments in grocery stores across the National Capital Region around Delhi. The company has hit the capital with 9 food and grocery stores, which is just a fraction of the 100 stores it plans to open by April end. Despite skyrocketing...
  • Reliance to be India's Walmart? June 18, 2007

    New Delhi: Welcome to the age of grocery shopping as Reliance announced launch of 9 big grocery stores in the national capital region of Delhi on Monday. The westernstyle food stores have been structured on the lines of international retail giants Walmart and Safeway. Reliance hopes to transform grocery shopping into...
  • Reliance Retail out realty shopping June 17, 2007

    New Delhi: Mukesh Ambanipromoted Reliance Retail has spent close to Rs 1,000 crore in two days acquiring commercial properties in the Capital, taking its mega retail plans to a new level. Just a day after it acquired seven properties worth Rs 700 crore in Dwarka and Rohini in West Delhi, Reliance...
  • Rel Retail no threat to petty traders November 3, 2006

    Hyderabad: Corporate giant Reliance Industries formally entered the country's fairly young organised retail market through its 'Reliance Fresh' format stores in Hyderabad, while reassuring petty traders that the company was no threat to them. In fact, the company's retail format for selling vegetables, fruits and groceries, offered an opportunity for...