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Reliance Retail expecting to break even by September

Reliance retail, reportedly, is expecting to break even at the store level in all cities, except Mumbai, this September. “We will be able to generate cash at our stores by September, except in Mumbai, where real estate cost for...

Food retailers and Kirana’s on a glove game

The adoption of organised retailing in India has been quite slow in comparison to other rapidly transforming economies throughout Asia. For a total population of a billion and a middle class population of over 400 million people, organised food...

Godrej Tyson looks to enter ready-to-eat segment

Godrej Tyson Foods, the 49:51 joint venture company formed a year ago, is getting ready to unveil the US-based Tyson brand through the food services channel comprising institutional sales. “We will launch the Tyson brand in the B2B segment...

Reliance Retail ties up with PepsiCo to promote T20 World Cup

Reliance Value Formats, which includes Reliance Fresh, Reliance Mart and Reliance Super stores under it, has introduced the PepsiCo India Holdings 'T20 Snack Cup Mania' promotion across its stores in the country, under which 10 winners stand to win...

Award for Spencer’s Retail

Multi-format food retailer Spencer’s Retail, part of the Rs 135 billion RPG Group, has emerged victorious at the Coca-Cola Golden Spoon Award in the most admired food and grocery retailer for convenience and express formats category . The awards...

Reliance Retail to increase Fresh, Hyper value formats

Mukesh Ambani-led Reliance Retail has planned to focus on its value retail formats including Reliance Fresh, Hyper and Super and targets to double the store count by the end of the next financial year, reports Business Line. Out of the...

Reliance Retail on partnership model

Mukesh Ambani-led Reliance Retail, which runs over 750 Reliance Fresh, Reliance Super and Reliance Mart, is reportedly engaged in preliminary negotiations with a large retailer to forge an alliance reports a financial daily. This is following last week's announcement...

Regional Bias

For the time-pressed working woman of modern India, it is virtually impossible to cook an entire meal from scratch, though the desire to whip up a traditional meal for the family has not died. The complexities of urban life have...

Bhavdeep Singh quits Reliance Retail

Bhavdeep Singh, in-charge of stores and front-end operations of Reliance Fresh, Reliance Super and Reliance Mart, has quit, reports The Economic Times. Citing confirmation from company's spokesman, the report said that Singh resigned citing personal reasons. Quite recently, Reliance Retail...

Sagri Group to venture into retail business

Chandigarh-based Sagri Group, a leading group engaged in poultry business, eyes to make its foray into poultry retail business, said a top company official. "The chicken processing plant at Chanalon, Ropar has already been commissioned and would be fully operational...
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