IndiaRetailBiz

Organised retail is back on the firing list of Mamata Benerjee, the firebrand Chief of Trinamool Congress.Following strident political opposition to the entry of organised retail in West Bengal, Mukesh Ambani-led Reliance Retail, was last year compelled to abandon its retail foray into in West Bengal.Apart from violent opposition of All India Forward Bloc– a ruling Left front constituent, political […]

Reliance Retail, among the largest retailers of India, according to an FE report, is believed to be considering to axe 3,000 of the 20,000-odd jobs, or around 15% of its employee strength, over the next few months.
This move, though denied by the group, comes just two years after it began rolling […]

Vornado Realty Trust, a US-based office and retail developer, has joined hands with India’s largest private secotor company Reliance Industries, to buy, build and operate shopping centres across India. Together they have decided to invest $250 million each in equal joint venture that will create shopping centres measuring between 500,000 to one million […]

“We hope to bring in world-class toy stores, which will capture the imagination and attention of children in India.” — Bijou Kurien, President and CEO, Reliance Lifestyle Holdings.
“We are thrilled to be bringing the magic of Hamley to India, partnering with Reliance Retail, where we have already received such a warm […]

Keeping in tune with its revised philosophy of striking partnerships with global iconic retail brands in several speciality areas, Reliance Retail, Mukesh Ambani managed retailing arm of Reliance Group, has gone ahead and stitched up yet another agreement. This time it is with the UK’s pharmacy and wellness highstreet retailer Alliance Boots, which […]

“If big capitalists enter the retail sector, one crore small traders will suffer,” Mamta Banerjee, Chief, Trinamul Congress.
Reliance Retail’s re-entry into West Bengal with the opening of three ‘Reliance Fresh’ stores in Kolkata on Friday the 1st August 2008, as reported earlier, has begun to show cracks in the state’s ruling Left Front.
All India Forward […]

Reliance Retail, the retailing arm of Mukesh Ambani-led Reliance Group, after a long wait since it was forced to abandon its retail plans in West Bengal, succeded on Friday the 1st, in opening three ‘Fresh’ stores at Budge Budge, New Town and Swabhumi in Kolkata on a pilot basis.
This became possible after it made […]

 ”Reliance Autozone will give the customers unmatched Value Proposition. Our vision is to create customer delight by delivering world class automotive products & services with wide choice at best prices” — Arun Dey, Chief Executive, Reliance Autozone.

Reliance Retail, the retailing arm of Mukesh Ambani-led Reliance group, has launched “Reliance Autozone” — its automotive […]

Reliance, which earlier formed joint ventures with iconic retailers like the UK’s apparel giant Marks & Spencer and Dutch opticals major Perle Europe, the US-based Office Depot, and made franchisee arrangements with the US-based Apple Inc, among others, appears to be going strong with striking relationships with global speciality retail majors to […]

“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 […]