Columns

Reliance Retail amongst leading 5 worldwide sellers in amount of establishments: Mukesh Ambani, ET Retail

.Rep ImageNew Delhi: Oil-to-gas conglomerate Reliance Industrie's retail arm - Reliance Retail is one of the best 5 worldwide stores in terms of the number of establishments, stated Mukesh Ambani, chairman and dealing with supervisor of Reliance Industries. Talking at the 47th Annual General Meeting of Dependence Industries, Ambani better mentioned that Reliance Retail is actually among the leading 10 stores in terms of market capitalisation, best twenty in relations to lot of staff members, and also leading 30 in relations to earnings. Translating Reliance Retail's special operating design, Ambani said that the business possesses an irresistible omni-channel model providing customers seamless knowledge across bodily as well as on the web networks as well as advantage. "We have a common inventory across stations that provides hyperlocal shipment leveraging our largest retail store system." Dependence Retail manages 19,000 stores spread out around an area of 80 million square feets in 7,000 plus cities.Ambani incorporated that Dependence Retail's 4 thousand kirana partners and an arrangement of electronic platforms give the provider accessibility to consumers across the nation. Keeping in mind the function of new-age technologies, he said that the provider is actually using deeper tech with real-time dashboards, and incorporated AI workflows to create its operations AI-enabled throughout the market value chain.
Posted On Aug 29, 2024 at 03:36 PM IST.




Join the community of 2M+ business specialists.Subscribe to our email list to acquire newest insights &amp study.


Download And Install ETRetail Application.Receive Realtime updates.Save your favourite articles.


Browse to install App.