Columns

Reliance Retail one of leading 5 international merchants in number of outlets: Mukesh Ambani, ET Retail

.Rep ImageNew Delhi: Oil-to-gas conglomerate Dependence Industrie's retail upper arm - Reliance Retail is actually among the best 5 global sellers in relations to the variety of stores, stated Mukesh Ambani, chairman and also managing supervisor of Reliance Industries. Communicating at the 47th Annual General Meeting of Reliance Industries, Ambani further specified that Reliance Retail is actually one of the top 10 merchants in relations to market capitalisation, best twenty in relations to number of employees, as well as best 30 in terms of revenues. Decoding Dependence Retail's special operating version, Ambani pointed out that the firm possesses an unsurpassable omni-channel design giving customers smooth experience all over physical as well as on-line networks and advantage. "We have a typical stock across networks that supplies hyperlocal shipping leveraging our widest outlet network." Reliance Retail runs 19,000 outlets spread out across an area of 80 million square feet in 7,000 plus cities.Ambani included that Dependence Retail's 4 million kirana partners and an arrangement of electronic platforms supply the business access to individuals throughout the country. Taking note the part of new-age technologies, he mentioned that the business is actually making use of deeper tech with real-time control panels, and also incorporated AI workflows to make its own operations AI-enabled around the value establishment.
Published On Aug 29, 2024 at 03:36 PM IST.




Join the area of 2M+ business professionals.Subscribe to our bulletin to receive newest understandings &amp analysis.


Download ETRetail App.Receive Realtime updates.Conserve your much-loved posts.


Scan to install Application.