Everything on ‘Reliance Fresh’
Reliance Digital's new store launch in Bengaluru on its 5th anniversary
Browse more on » Retail, Other news Reliance Digital’s new store launch in Bengaluru on its 5th anniversary Reliance Digital turns five this year with its first store launched in 2007. Reliance Digital is leaving no stone unturned to bring in this special occasion and make its customers feel very special. Tweet Mumbai, Maharashtra, May [...]
Reliance Digital's new store launch in Bengaluru on its 5th anniversary
Reliance Digital’s new store launch in Bengaluru on its 5th anniversary Reliance Digital turns five this year with its first store launched in 2007. Reliance Digital is leaving no stone unturned to bring in this special occasion and make its customers feel very special. To begin with, Reliance Digital has announced the launch of a [...]
Reliance Retail clocks Rs 380 cr loss in FY12
Almost a year after India’s richest man Mukesh Ambani restructured the operations of his retail unit, bringing in a team of expats from Wal Mart China, Reliance Industries (RIL)’s retail business has continued to report losses. The retail major has reported total losses in excess of Rs 380.18 crore in 2011-12. Last year, RIL’s retail [...]
Some of Reliance's retail formats still making losses
While Mukesh Ambani’s Reliance Retail showed a jump of 25 per cent in consolidated revenue in 2011-12, some of his other major retailing units are still posting losses, according to parent company Reliance Industries Ltd (RIL)’s 2011-2012 annual report. Reliance Retail, set up by RIL six years ago, runs 1,300 stores. It made Rs 7,599 [...]
Reliance Retail changes strategy looking at evolving markets
In the past few years, looking at the evolution of the retail sector in India, companies have changed their market strategies three to four times already. For instance, while Reliance Retail had traditionally focused on smaller format stores, it is now stepping up its presence on big-box stores or hypermarkets that are built on about [...]
Reliance Retail changes stategy looking at evolving markets
In the past few years, looking at the evolution of the retail sector in India, companies have changed their market strategies three to four times already. For instance, while Reliance Retail had traditionally focused on smaller format stores, it is now stepping up its presence on big-box stores or hypermarkets that are built on about [...]
INDIA: Losses At Units Forced Reliance Retail To Restructure In 2011 – Report
Reliance Retail, Indias second-largest retailer, has merged nine of its loss-making subsidiaries with its Reliance Fresh division, a move which it said would help it to exclusively focus on one area of business and also have a greater capacity to raise finance and expand operations. The move took place in end-December 2011, and was reported [...]
Reliance clubs nine arms with Reliance Fresh
Mumbai: Reliance Retail Ltd, an arm of India’s most-valued company Reliance Industries Ltd, has integrated nine of its loss-making subsidiaries with Reliance Fresh Ltd, under a scheme of arrangement proposed to the Bombay high court. The structure was approved by the court on 26 December and came into effect on 30 December, when the court [...]
Reliance Retail to Raise Rs 4500 cr from RIL
MUMBAI: Reliance Retail plans to raise up to Rs 4,500 crore or $900 million from its parent company, Reliance Industries, to accelerate store openings and grow aggressively in select formats, even as some of its rivals look to shutter outlets and curtail expansion in the cash guzzling retail business. “The funds will primarily be invested [...]
Saif & Kareena to promote “Agent Vinod” at Reliance Digital, Phoenix City, Mumbai
Saif & Kareena to promote “Agent Vinod” at Reliance Digital, Phoenix City, Mumbai 19th March: Saif Ali Khan and Kareena Kapoor will be seen together at Reliance Digital which is the largest electronic store located at Phoenix City Mall Kurla(West), Mumbai promoting their upcoming movie” Agent Vinod”. With this movie geared to release on 23rdMarch [...]
