Reliance Retail
Retail
Reliance Retail’s Q1 Turnover up 14.5% to Rs 3,999 Crore
Reliance Retail has reported a 14.5 percent increase in turnover at Rs 3,999 crore in the first quarter ended June 30, 2014-15, according to PTI. The company had a turnover of Rs 3,492 crore in Q1, 2013-14."Reliance Retail recorded...
Retail
Reliance Retail, Bharti Enterprises in Talks to Buy Carrefour India Assets
Reliance Retail and Bharti Enterprises are understood to be in talks to buy India assets of the world's second largest retailer Carrefour that has decided to exit the country by closing its five stores, states PTI. According to industry...
Retail
Marks & Spencer India Records 36.2% Rise in Sales in Q1
British retailer Marks & Spencer (M&S) has reported 36.2 percent increase in sales in India in the first quarter of this fiscal on the back of strong performance across its linen, beachwear, lingerie and beauty segments, mentions PTI."We continued...
Retail
Reliance Retail to Close 100 Fresh Stores
Reliance Retail plans to close over 100 Reliance Fresh stores selling fresh produce and groceries, as the retail chain is now turning its attention on the country's wholesale cash-and-carry business, states a leading daily. Currently, it operates some 550...
Progressive Grocer
ABRL Borrows Rs 500 Crore from Yes Bank to Boost F&G Biz
Aditya Birla Retail (ABRL) has borrowed a sum of Rs 500 crore from Yes Bank to boost its food and grocery business, according to a leading daily. Last year, the company announced plans to invest Rs 1,091 crore for...
Retail
ABRL Borrows Rs 500 Crore from Yes Bank to Boost F&G Biz
Aditya Birla Retail (ABRL) has borrowed a sum of Rs 500 crore from Yes Bank to boost its food and grocery business, according to a leading daily. Last year, the company announced plans to invest Rs 1,091 crore for...
Retail
Reliance Retail to be the Major Growth Engine: Mukesh Ambani
Retail business will emerge as a major growth engine for the consumer segment of Reliance Industries while it will continue with its expansion in existing and new markets besides exploring new channels, said company Chairman Mukesh Ambani, according to...
Retail
Bijou Kurien Becomes Member of Strategic Advisory Board at L Capital Asia
Former Reliance Retail lifestyle chief executive Bijou Kurien has joined L Capital Asia as a member of the strategic advisory board according to a leading daily. L Capital Asia is the PE arm of LVMH, the French luxury retailer....
Progressive Grocer
Gritty Determination
The story of Shree Paras Supermarket in Malegaon, Nashik, is one of grit and determination, and the grocer’s willingness to shed off the old and accept the newThe second largest city in the Nashik district in Maharashtra, Malegaon is...
Retail
Reliance Retail to Foray into Unexplored Markets & E-commerce this Year
Reliance Retail, retail arm of Mukesh Ambani-led Reliance Industries, plans to foray into unexplored markets and tap the potential of e-commerce channel this year, according to PTI."Continued expansion is the way ahead. The roadmap is clear -- it will...
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Latest News
Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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