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Reliance Retail plans stores opening in Eastern India
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Reliance Retail Limited that runs around 590 stores across 57 cities in India is planning to expand its business in the country especially in West Bengal.
We are currently working on how best we can come back to the state in a major way. It’s all currently on the drawing board, Mr. Tarun Jhunjhunwala, President, Reliance Industries told reporters in West Bengal state capital Kolkata this week.
We have exhausted the space for our Reliance Fresh format and so if we plan to expand this format, we have to buy real estate, Jhunjhunwala added.
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How fresh is Reliance Fresh products..
Organised retail was supposed to make life easier and better for the consumer. But just a few years since the creation of this segment, that dream is increasingly looking like a pipe dream.
I decide to visit the Punjabi Bagh outlet of Reliance Fresh in New Delhi at about 10.30 on a Thursday morning. The first obstacle to entering the store are the nine steep steps that one needs to negotiate. The steps seem to be a test of fitness and anyone with even the slightest handicap would struggle to reach the doors to this temple of modern consumerism.
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Reliance Retail to re-develop West Bengal projects soon
Reliance Retail, part of Mukesh Ambani-led Reliance Industries, is looking at reviving its West Bengal projects in a major way, a top official said here Saturday.
We are currently working on how best we can come back to the state in a major way. It’s all currently on the drawing board, Tarun Jhunjhunwala, president of Reliance Industries, told reporters.
The company has faced several political hurdles in its bid to sell farm produce in the state.
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Reliance Fresh outlets dropping prices to match the neighbourhood stores
Reliance Retail’s Fresh outlets will be adopting a different pricing policy to match the neighbourhood grocer. Dropping the mark-up on prices generally associated with modern trade outlets, Reliance Fresh outlets are planning to strengthen their ‘value’ positioning with a new pricing policy to attract more consumers.
“We have always been a value retailer and now we will be offering prices which will match the neighbourhood stores,†said a Reliance Fresh Official. The prices would vary across different commodities and branded items, but in effect would be no different from what is available at the local grocers in neighbourhoods across towns and cities.
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Reliance Fresh outlets may close down in Jharkhand
Mukesh Ambani-controlled Reliance Retail, which is reviewing the performance of Reliance Fresh outlets in Jharkhand, may close down the non-viable ones.
According to a company source, a group of technical experts are reviewing the performance of Reliance Fresh outlets. “Those that are not doing well may be closed down. In that case, their assets will be merged with other units. This is being done at the national level,” the official said.
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Biometric cards will soon be issued for Reliance Fresh vendors
Union Bank of India and FINO have enrolled 1,600 vegetable and fruit vendors who are regular suppliers to Reliance Fresh. These vendors will soon be issued biometric cards using which they can avail themselves of small loans from the bank.
The project will be launched in Gurgaon on a pilot basis, said Mr Laxman Rao, general manager, priority sector.
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Reliance Retail to expand Fresh and Hyper value stores
While it has experimented with several retailing formats ranging from jewellery to lifestyle over the two-and-a-half years since it started, Reliance Retail will focus on its value formats such as Fresh, Hyper and Super, to scale up rapidly to take its store count by end of the next financial year to at least twice the 920 stores it has as of now, according to sources.
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Reliance Fresh fighting for survival?
Development without vision is India’s forte and Subhiksha, once India’s biggest discount retailer, was no different.
Subhiksha never thought their own employees would attack the stores over the payment fiasco. This socio-economic scenario in retail sector is not because of the global credit crisis. But it is because India’s retailing had little vision and hence it had to make a slow and steady exit from the business.
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Reliance Fresh in a fresh controversy on land issue in Cuttack
Reliance Fresh has been caught in a fresh controversy with residents of the city demanding rollback of the government decision to hand over 50 acres of prime land earmarked for a bus terminus to the retail chain.
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Address - Reliance Fresh, Ameerpet, Hyderabad
Reliance Fresh Hyderabad
H No 7-1-439 & 7-1-440, Tulip Chambers,
Balkampet, Ameerpet, Hyderabad, 500082
Contact number: +91-9885482907





