Retailer 10 : Reliance - The mammoth retailer!

Reliance Retail Limited (RRL), a subsidiary of Reliance Industries Limited that has a turnover of Rs 1,46,328 crore (USD 28.85 billion), opened its first retail store in November 2006 and today operates over 1000 stores in 86 cities, spanning 14 states with over 4.2 million sq ft of trading space. RRL is a multi-format retailer that operates both Value Formats and Specialty formats.

Various formats of Reliance Retail

RRL is a multi-format retailer that operates Reliance Fresh - a neighborhood store concept; Reliance Digital - a consumer durables and information technology concept; Reliance Mart - a hyper market concept; Reliance Trends - an apparel specialty concept; Reliance Wellness - a health, wellness & beauty concept; iStore by Reliance Digital- an Apple specialty store concept; Reliance Footprint -a footwear concept; Reliance Jewels - a jewellery concept; Reliance Time-Out- a books, music & entertainment concept; Reliance Super- a Minimart concept; Reliance Living Homeware - a household utilities specialty store concept; Reliance Living Furnishings - a specialty store concept for home furnishings; Reliance Living Furniture - a home office furniture specialty concept; Reliance Home Kitchen - a kitchen’s solution specialty store concept; Reliance AutoZone - an automotive specialty concept; and Vision Express - an optical specialty store concept.

Quick Facts

First Store Opened : 2006

No of Stores : 1000 stores in 86 cities

Trading Space : 4.2 million sq ft

“The retail story remains fully intact and I believe 2010 will see fairly focused but aggressive expansion by all the players across the verticals. There could be a couple of hiccups for some mid-sized companies because of significant mismatches between resources availability and requirement. However, my guess is that coming year will be  aggressive growth year for all. Reliance Retail will continue its strategy of expansion across its various formats and cities. Given our learning of the last three years, the accent will be on expansion with focus on both profitability and supply chain consolidation and building on our large and loyalty ‘member’ base.”

Raghu Pillai, CEO, Reliance Retail