Traders protests against Reliance Fresh may impact Reliance Retail's Rs 3,000 crore (Rs 30 billion)plan to roll out retail and fresh food stores in Orissa.
The delay in setting up distribution centres and central processing centres for its fresh produce and FMCG products has pushed back Reliance Retail's new store openings in Mumbai and surrounding areas.
Despite the onslaught from big retail chains, small kirana shops could get a lifeline from the Indian Institute of Packaging.
Reliance Retail Ltd launched operations of its Reliance Fresh in Uttar Pradesh with the launch of ten stores in Lucknow. These ten stores will open in different localities in Lucknow on Wednesday.
Kartaar Singh, a farmer of Mokha village in Punjab's Kapurthala district, used to travel about 50 km on his scooter to Jalandhar's new sabzi mandi, or wholesale vegetable market, to sell his vegetables every day.
As India's online population crosses 450 million, e-commerce ventures are trying to grab a pie of online sales estimated to hit $48 billion by 2020.
Reliance Retail, already creating ripples in the organised domestic retail market, is poised to acquire smaller rivals in order to take on serious competition from the likes of Bharti-Wal-Mart combine.
Reliance Industries Ltd, which rolled out its first retail store Reliance Fresh on Friday, may start futures trading to mitigate the price risk but the move depends on achieving sufficient volumes after expansion of the retail format.\n
Mukesh Ambani-owned Reliance Retail on Thursday opened its first exclusive apparel store under the 'Reliance Trends' brand in Gurgaon as it moves ahead with its Rs 25,000 crore ( Rs 250 billion) retail juggernaut.Besides housing a variety of international brands like Lee, Wrangler and Reebok, 'Reliance Trends' will also have a fair share of private label in various categories.
Although Walmart-Flipkart wholesale game-plan is to target about a $150 billion market out of a total pie of $700 billion in the country, the consolidation marks the end of the multi-brand dream of the American retail giant.
"Big retail outlets are welcome. We have got no doubt about it. Our experience in the past one year is that they are able to give better price to farmers and they are able to give consumers better products at an affordable cost," CM Y S R Reddy said.
Billionaire Mukesh Ambani's retail venture will soon start selling electronics goods like refrigerators, TVs and computers, even as it prepares to open its 100th fresh food and vegetables outlet in the country.
The sources said the company had provisioned to open one or two new stores every month during this financial year. The hypermarkets will offer a range of digital, food and lifestyle products.
Kirana shops and greengrocers have found a new challenge to grapple with.
Reliance Retail on Monday ushered in a new retail culture in the national capital region by opening nine western-style food stores as it hopes to become the preferred supplier of push-cart vendors and kirana stores.
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
The investments include the supply chain, but exclude real estate component.
RIL is setting up infrastructure for a full-fledged horizontal e-commerce offering - internally called the New Commerce - to simultaneously launch pan-India by October-November.
Patanjali Ayurved, founded in 2007 by yoga guru Ramdev, is targeting Rs 10,000-crore (Rs 100-billion) revenue in 2016-17
In large format outlets such as Croma, E-zone and Reliance Retail, digital cameras are only next to cellphones in drawing customer traffic, say industry experts.
Reliance, Bharti's response to Ahmedabad's space crunch.
Investment Advisor, PN Vijay believes that is enjoying the high margins, which refining industries are getting all over the world but going forward, investors will be looking at Reliance's retail foray.
Reliance Industries Ltd announced on Tuesday a big-ticket expansion in retailing business, which would have presence in 1,500 cities across India at an investment of about Rs 25,000 crore (Rs 250 billion) generating over 1000,000 new jobs.
The sale of Nature's Basket, Godrej's chain of food stores in west India, is the second exit by a big group in a year in the category
It had signed a joint venture with Reliance Retail to form M&S Reliance India Private Limited in April 2008.
Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.
It took Flipkart a little over 24 hours to complete due diligence and come up with a final offer that was $20 million higher than what Snapdeal was ready to forfeit.
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
From January 1, all these iPhone users will get the Rs 1,499 plan completely free for 1 year, which equals value worth Rs 18,000
Online retail in the country is expected to grow to $200 billion by 2026, up from $15 billion in 2016.
Consolidated revenue rose to a record Rs 163,854 crore.
Analysts expect RIL to report consolidated revenue of Rs 1.40 trillion and 10 analysts expect RIL's net income to be Rs 9,629 crore
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