Columns

Reliance Retail one of top 5 international sellers in number of establishments: Mukesh Ambani, ET Retail

.Representative ImageNew Delhi: Oil-to-gas empire Dependence Industrie's retail arm - Reliance Retail is among the top 5 international merchants in relations to the lot of stores, mentioned Mukesh Ambani, leader and managing director of Reliance Industries. Speaking at the 47th Annual General Complying With of Reliance Industries, Ambani additionally stated that Dependence Retail is one of the leading 10 stores in regards to market capitalisation, leading twenty in regards to number of staff members, and leading 30 in relations to earnings. Decoding Reliance Retail's distinct operating design, Ambani claimed that the business has a hard to beat omni-channel design offering consumers seamless adventure all over bodily and also on-line channels and convenience. "Our experts possess an usual inventory around stations that gives hyperlocal shipment leveraging our largest outlet system." Reliance Retail runs 19,000 retail stores spread out all over an area of 80 million straight feet in 7,000 plus cities.Ambani included that Reliance Retail's 4 million kirana companions as well as an arrangement of digital systems supply the provider accessibility to individuals across the country. Taking note the function of new-age innovations, he said that the business is utilizing deeper tech with real-time control panels, and included AI operations to make its own procedures AI-enabled all over the value chain.
Published On Aug 29, 2024 at 03:36 PM IST.




Sign up with the community of 2M+ sector professionals.Sign up for our newsletter to receive most current understandings &amp review.


Install ETRetail Application.Acquire Realtime updates.Spare your favorite short articles.


Browse to install App.