Columns

Reliance Retail amongst best 5 worldwide sellers in lot of retail stores: Mukesh Ambani, ET Retail

.Representative ImageNew Delhi: Oil-to-gas conglomerate Reliance Industrie's retail arm - Reliance Retail is amongst the best 5 international sellers in relations to the number of retail stores, pointed out Mukesh Ambani, leader as well as handling director of Dependence Industries. Talking at the 47th Annual General Fulfilling of Reliance Industries, Ambani even further explained that Dependence Retail is amongst the top 10 retailers in relations to market capitalisation, top twenty in regards to amount of workers, as well as top 30 in terms of revenues. Decoding Reliance Retail's distinct operating model, Ambani said that the provider has an unbeatable omni-channel style supplying customers smooth adventure around bodily and on the web channels and comfort. "Our company possess a typical stock throughout channels that provides hyperlocal delivery leveraging our best store system." Dependence Retail manages 19,000 establishments dispersed around a region of 80 thousand square feet in 7,000 plus cities.Ambani added that Dependence Retail's 4 million kirana partners as well as an arrangement of electronic systems supply the business access to consumers all over the country. Noting the function of new-age innovations, he pointed out that the business is utilizing deeper specialist with real-time control panels, and combined AI workflows to create its own operations AI-enabled around the worth chain.
Published On Aug 29, 2024 at 03:36 PM IST.




Participate in the community of 2M+ business experts.Sign up for our newsletter to receive most current insights &amp evaluation.


Download And Install ETRetail Application.Get Realtime updates.Save your preferred articles.


Browse to download Application.