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Reliance Retail to expand to more small cities
July 24, 2017 |by indiafood forum | Comments Off on Reliance Retail to expand to more small cities | FOOD & GROCERY | India Food Forum 2017, Reliance RetailReliance Retail will open stores in more small cities and towns over the next year under aggressive expansion targets that the Reliance Industries unit has set for itself. “I have set our leadership a target of 30% growth each year over the next decade,” chairman Mukesh Ambani told Reliance Industries’ shareholders while explaining the retail unit’s performance…READ MORE
KEEP READINGReliance Retail to ramp up online groceries business
July 12, 2017 |by indiafood forum | Comments Off on Reliance Retail to ramp up online groceries business | FOOD & GROCERY | Damodar Mall, India Food Forum 2017, Reliance RetailMukesh Ambani-led Reliance Industries Ltd’s retail arm Reliance Retail is confident of becoming India’s top online grocery retailer by 2020, says company executive…READ MORE
KEEP READINGArmy canteens most profitable retail chain in India, ahead of Future & Reliance Retail
August 17, 2016 |by indiafood forum | Comments Off on Army canteens most profitable retail chain in India, ahead of Future & Reliance Retail | FOOD SERVICE | Army Canteen, Future Group, India Food Forum 2016, Reliance RetailWhich is the most profitable retail chain in India? Answer: The defence canteen stores. Its earnings exceeded those of all other chains, including Future Retail and Reliance Retail. The Canteen Stores Department (CSD), which, incidentally, is a not-for-profit organisation, earned Rs 236 crore during FY14-15, according to a Right to Information query. Comparatively, Avenue Supermart, which runs D’Mart stores, made a profit of Rs 211crore that year, Future Retail made Rs 153 crore and Reliance Retail Rs 159 crore…READ MORE
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