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Reliance Retail

Reliance Retail Q3 revenue up 89.3 percent

Healthy festive season sales and new store openings led Reliance Industries' organised retail business -- Reliance Retail -- to report a 89.3 per cent rise in its revenue for the third quarter of 2018-19.The firm's revenue figure was disclosed...

Global Retailers in India: Moves, leaps & hurdles

India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...

Reliance Retail Q2 pre-tax profit jumps over 3-fold to Rs 1,392 crore

Reliance Retail has reported an over three-fold jump in its pre-tax profit at Rs 1,392 crore for the second quarter ended September 2018 helped by store expansion and strong value proposition.According to a PTI report: The retail arm of...

Reliance Retail buys 16.31 pc in Genesis Colors, acquires stake in 5 more companies

Reliance Retail has purchased 16.31 percent stake in readymade garment wholesaler and retailer Genesis Colors Ltd (GCL) for Rs 34.80 crore, Reliance Industries said Sunday. Reliance Retail Ventures Ltd (RRVL) is a subsidiary of Mukesh Ambani-led Reliance Industries.According to...

RIL to create hybrid online-to-offline retail platform: Ambani

Reliance Industries (RIL) Chairman and Managing Director Mukesh D. Ambani on Thursday said the company saw its biggest growth opportunity "in creating a hybrid, online-to-offline new commerce platform".Ambani, who was addressing the shareholders at the company's 41st Annual General...

Reliance Retail Limited partners with Motorola to launch Moto Hubs

India’s largest CDIT (Consumer Durables and Information Technology) retail chain - Reliance Digital announced the launch of Moto Hubs in partnership with Motorola India to showcase the widest and latest range of Motorola phones at its stores.The Moto Hub...

Cosmetics brand Flormar ties up with Reliance Retail; forays into India

Global cosmetics brand Flormar has forayed into India through an exclusive tie-up with billionaire Mukesh Ambani's Reliance Retail."We are launching Flormar in select 30-40 Reliance Trends stores to understand the customer preference with respect to shades and product choices....

E-retailing market likely to surge two-fold in three years

The booming e-retail market is likely to surge over twofold over the next three years, as players will be forced to shift their focus from discounts to consolidation, geographical diversification, business realignment and enhancing customer stickiness, says a report.According...

Future Group’s FMNL announces merger with mall subsidiary Star Centres

Kishore Biyani led Future Group’s Shopping Center Management & Realty Infrastructure company, Future Market Networks Ltd., (FMNL) has filed a merger scheme with Delhi based Star Shopping Centres Pvt.Ltd. (SSCPL).Star Shopping Centres is a subsidiary of FMNL and is...

Future Group’s FMNL announces merger with mall subsidiary Star Centres

Kishore Biyani led Future Group’s Shopping Center Management & Realty Infrastructure company, Future Market Networks Ltd., (FMNL) has filed a merger scheme with Delhi based Star Shopping Centres Pvt.Ltd. (SSCPL). Star Shopping Centres is a subsidiary of FMNL and is...
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Location AI startup GeoIQ unveils footfall & site analysis feature

GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with...
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