Reliance Retail acquired the 29 stores of Shri Kannan Departmental Store at the end of FY2019 and in August 2020 announced it would acquire Future Group's retail, wholesale, and logistics units for $3.4 billion.
Personalisation is very important element and if done correctly can spark up the profits in no time. Retailers worldwide including India are realizing the relevance of this invisible tool and using state-of the art technology to give an edge to their pers
Major conglomerates such as Tata, Arvind, Mahindra, Reliance Retail and Aditya Birla Retail explore online fashion, to take online e-tailers head on and fight digital battles with each other outside the store.
What brings Tata CLiQ in direct competition with the three eRetail biggies (Flipkart, Snapdeal and Amazon) is that the platform will offer electronics as well along with apparel, and footwear products.