Each store would provide fresh fruits, vegetables and also products of Reliance Select and other related groceries.
Reliance is planning every possible retail format like convenient stores, supermarkets, hyper markets and speciality stores.
Every store will have at least 50 employees, which means that around 1,500 would be employed in the 30 new outlets.
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Bury
Reliance is planning every possible retail format like convenient stores, supermarkets, hyper markets and speciality stores.
Every store will have at least 50 employees, which means that around 1,500 would be employed in the 30 new outlets.
4 Comments
Tell a friend
Bury
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"Biyani's next call is 'Small Bazaar'"
The project is the launch of KB’s Fairprice Value Stores (KBFVS), a no-frills, deep discount format, sometime in August that will focus on local catchment areas and service the daily requirements of consumers. Sources call it a radically different concept and services model which is based on a German no-frills discount format, LIDL (owned by Schwarz). Pantaloon is planning a ‘bombardment strategy’ that will see the group swarming a particular area with clusters of stores. The group plans to set up 1,500 stores over 18 months across top cities.
http://economictimes.indiatimes.com/News/News_By_Industry/Services/Retailing/After_Big_Bazaar_Biyani_goes_small_lines_up_local_stores/articleshow/2179743.cms
"RPG to launch 365 stores in 1 year"
RPG Group, which owns the Spencer's brand of retail stores, will invest Rs 1,000 crore (Rs 10 billion) for opening nearly 365 supermarkets in the next one year. Ruling out any tie-up with global retail chains, RPG Enterprises chairman, Harsh Goenka said the group had the necessary wherewithal to conduct the business on its own.
http://inhome.rediff.com/money/2007/jul/12rpg.htm
"Essar sets up 80 steel hypermarts"
The Essar group seems to have caught a fancy for off-beat retailing. After successfully launching The Mobile Store, the one-stop shop for all telecom needs, the group is going ahead with its retail chain for steel products. Starting earlier this year, Essar Steel has so far set up 80 Essar Steel Hypermarts spread across India.
http://www.financialexpress.com/fe_full_story.php?content_id=170250
"Tata to set up 40 `Croma` retail stores"
Tata Sons promoted retailer of consumer electronics Infiniti Retail Limited said it is targeting a 40-store network by 2008 and will invest more than Rs 120 crore for the purpose.
"We are planning to have around 40 'Croma' stores by 2008, and each store would cost more than Rs 3 crore," CEO and managing director Infiniti Retail Limited Ajit Joshi said.
http://www.zeenews.com/znnew/articles.asp?rep=2&aid=381289&ssid=53&ssname=Companies%20and%20Commodities&sid=BUS&sname=