The company in its press release said it aims to support the local weaving and craft communities, and the initiative is in line with its mission to enable local weavers and artisans to promote "Made in India" goods to consumers.
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Independent stores are the second phase of launch after the opening of more than 50 Gap shop-in-shops since last year. Gap India will see a series of store openings across the country in the coming months, Reliance Retail has said
Reliance Retail has partnered with Innoviti Technologies, ICICI Bank & Kotak Mahindra Bank to enable acceptance of Digital Rupee
With this partnership, Reliance and Maliban will "develop unique value propositions that will strengthen Reliance Consumer Products Limited (RCPL) portfolio in the biscuit segment," the company said in a statement.
Reliance Industries Q3 | Consolidated revenue for the quarter at Rs 2.4 lakh crore increased by 14.8 percent YoY, supported by continuing growth momentum in consumer businesses. Digital services and retail segments recorded double-digit growth.
While Dunzo did not share the exact number of employees laid off, the company employs around 3,000 personnel, as per its LinkedIn profile.
Promoter and promoter group hold 72 percent in the company and the counter has a free float market cap of only Rs 44.21 crore
In a statement, Reliance Retail said that it will acquire 6.5 lakh equity shares of Lotus Chocolate Company at a price per share of Rs 113 aggregating to Rs 74 crore
The acquisition of Metro India will not just aid Reliance in deepening its operations and physical store footprint in India, it will also help it gain access to a wide network of outlets and retail and institutional buyers, and give it a strong supply channel
Metro’s 3-million customer base and a wide product range will enable Reliance Retail to rapidly scale up the retail business and strengthen its position in the industry
The multi-channel B2B cash-and-carry wholesaler has a reach to over 3 million B2B customers in India and 1 million of them are frequent buyers
The garment manufacturer's products will be sold under the brand name 'HUP' and its sub-brands on the e-commerce platforms of Reliance Retail.
Under this new format, Reliance Retail, the retail arm of Mukesh Ambani-led Reliance Industries, will have a range of affordable toys not only from the brand Rowan on its shelves but also from other brands, said an industry source.
With focus on financial services which can be offered in combination with digital services and retail, RIL is set to become a powerhouse in consumer businesses
The increase of 32.4 percent in gross revenue was driven by higher realisation in O2C business with sharp increase in energy prices. Revenue growth also reflected continued growth momentum across consumer businesses, the company said
Reliance Retail, the retail arm of Reliance Industries, reported over 44 percent jump in its revenue from operations for the second quarter at Rs 57,694 crore in the second quarter of FY23. crore as compared to the year-ago period
The partnerships aim to distribute, mass produce, modernise packaging and develop traditional Indian sweets with extended shelf life
The 'Bestival Sale' offers the best of the exclusive offers and deals, bank tie-ups and special discounts on Diwali essentials and general merchandise, apparel, beauty products, and electronic exclusively available online through JioMart and at the local SMART Stores
The merchandise is available at select Reliance Retail stores and on Reliance Retail’s e-commerce platforms
The announcement was made by Reliance Retail's Isha Ambani, while she dedicated this centre to her mother and founder of the Reliance Foundation Nita Ambani.
The scope for market share gains by organised players, rapid store expansion to be funded by IPO proceeds as well as the attractive valuation make us positive on this public issue
The first AZORTE store of around 18,000 square feet opened recently in Bengaluru.
Reliance Retail says offerings at Reliance Centro have been carefully chosen to make it the go-to place for all fashion-conscious mid-premium sector customers. It said its newest brand will cater to the changing tastes of New Delhi's fashionistas and satisfy their demand for high-definition clothing for all seasons and age groups.
Limited period 'flash deals' will also be offered every three hours on the app where exclusive deals will be available on consumer durables and electronic gadgets such as laptops, smartwatches and smartphones.