IndiaRetailBiz

“We are confident that the new growth drivers — oil and gas, organised retailing and agro-retail — will  take Reliance to a higher growth trajectory in the medium term.” — Mukesh Ambani, Chairman, Reliance Industries Limited.

Reliance Industries Limited, India’s most valued company  announced over 40% growth in its Q1 (April-June) quarter in 2008 over […]

Thanks to booming economy and booming retail sector, third party logistics (3PL), is also booming. The pace of the sector is bound to receive further boost after Goods & Services Tax (G&ST) regime is introduced across the country. This will allow for free movement of goods from one place to another based […]

Having already rolled out five stores each of ’iStores’ and Reliance ‘Digital’ stores in India, Reliance Retail, the retail arm of Mukesh Ambani-led Reliance Group, is accelerating the pace of their opening in India.
Currently, Reliance operates iStores at Bangalore, Hyderabad, Mumbai and Jaipur and Ludhiana, and Reliance Digital stores at Hyderabad, Bangalore, Mumbai, Gurgaon […]

Close on heels of the clearance of its proposal to invest in  single brand front-end retail in India, the Netherlands-based Pearle Europe, is ready to soon unveil a retail chain of eyewear and other optical products stores.
The company’s proposal to bring in FDI (Foreign Direct Investment) was among the 28 such proposal cleared […]

Marks & Spencer– the British iconic retailer — which in April this year formed a 51:49 joint venture with Reliance Retail– the fastest growing retailer of India, has obtained clearance of the government of India to invest Rs 230 crore in the joint venture called Marks and Spencer Reliance India Private Ltd (earlier […]

Marks & Spencer (M&S) — the iconic British retailer, which has recently costituted retail joint venture with Reliance Retail, is now looking at exiting from its franchisee arrangement with Planet Retail, which is currently operating 14 M&S stores in India. Planet Retail, which was costituted in 2001-02, is currently owned by V […]

“We are doing a legitimate business, and there are so many others doing the same business. So why should people try to stop Reliance alone from entering Bengal. I appreciate there’s some anxiety, but such things happen all over the world. We’ll have to address it.”
“We should be there, hopefully, in the […]

“The proposed Reliance Retail-Avery Dennison JV will combine the global resources of Avery Dennison with local market knowledge and resources of Reliance Retail to strengthen existing supply chain network and enhance merchandising capabilities.”

Avery Dennison Corp, the Pasedana (US)-based, global giant in pressure sensitive technology, with $6.3 billion in 2007 sales, […]

“Reliance Retail is well on track to create significant value creating platform, generate employment opportunities and trigger a socio economic transformation particularly in rural India.” — Mukesh Ambani, Chairman, Reliance Industries Limited, while addressing the 34th AGM of the company’s shareholders.

“We have addressed the challenges which we faced last year in its […]

Reliance Retail, a wholly owned subsidiary of Mukesh Ambani-led Reliance Industries, which forayed into retail business with an avowed objective of going alone without any external partners, after nearly 20 months of actual launch, has reconciled to form joint ventures with global leaders to provide momentum to its business.
The need to […]