Reliance Industries
Retail
RRL to be a listed company
Mukesh Ambani-led Relaince Industries did not reveal financial figures of its retail vertical Reliance Retail Ltd (RRL) in its FY2007-08 results release, as the company is not listed and is not liable to share its financial results in public.
Contacted...
Retail
Office Depot in India; signs 51:49 JV with Reliance
The Florida-based office stationery retailer Office Depot Inc. (OPD) has signed a 51:49 joint venture with the Mukesh Ambani-led Reliance Retail in India.
In an exclusive revelation to Indiaretailing, Marisa Bluestone, Office Depot spokesperson from the United States, confirmed the...
Retail
M&S partners Reliance Retail to form Tapti
Aiming to establish Marks & Spencer as a major retail brand in India, the UK-based Marks and Spencer Group has entered into a joint venture with Reliance Retail, the retailing arm of Reliance Industries, to form Marks and Spencer...
Retail
Vimal exclusive in Bengaluru
Going bullish on its plans to open exclusive brand outlets throughout the country, Vimal, the flagship textile brand of Reliance Industries Ltd, opened the first Vimal exclusive store in Bengaluru, its sixth in the country.
Last month, sharing the company’s...
Retail
Time for new retail formats
It is the time for ‘new retail formats’ in the Indian retail landscape. According to a latest Technopak study on ‘Top trends in Indian retail sector', India will see the emergence and widespread growth of new retailing formats such...
Retail
Vimal exclusives to have pan-India presence
Vimal, the flagship textile brand of Reliance Industries Ltd, is bullish on its plans to open exclusive brand outlets throughout the country. The company today opened an exclusive brand outlet at Kochi, its first in Kerala.
Confirming their plans, Anand...
Retail
Reliance Petroleum to shut down 900 fuel outlets
Reliance Petroleum, the fuel retailing arm of Reliance Industries Limited (RRL), has decided to shut operations of about 900 company-owned petrol stations in the country.
Confirming the news to Indiaretailing, a Reliance spokesperson said, “In a week's time the outlets...
Retail
Kerala to tax corporate retailers
In an apparent move to discourage corporate retailers from opening more outlets in Kerala, the state government, in its annual budget on Thursday, said it will slap a 10 per cent surcharge on the profits made by them.
“We have...
Retail
Leading retailers may recruit IAM students
Students from the first batch of Apparel Marketing & Merchandising, a one-year PG course at Institute of Apparel Management (IAM), Gurgaon, are expected to be recruited by leading brands including Pantaloons, Shoppers’ Stop, Reliance, and Airtel.
“Our students are undergoing...
Retail
Autozone: the 11th retail format from RRL
With the opening of the 15,000 square feet Reliance Autozone at Jamnagar in Gujarat, Reliance Retail Limited (RRL), the retailing arm of Reliance Industries Limited, announced its entry in automotive retailing business. This is the eleventh speciality retail format...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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