4/5 ratna k. 1 year ago on Google
Good
maintenance..
Reliance
Retail is
an
Indian retail company
and
a
subsidiary
of Reliance
Industries
Limited.
Founded
in
2006,
it
is
the
largest
retailer
in
India
in
terms
of
revenue.
Its
retail
outlets
offer
foods,
groceries,
apparel,
footwear,
toys,
home
improvement
products,
electronic
goods,
and
farm
implements
and
inputs.
Apart
from
physical
outlets,
the
company
also
sells
products
on
its e-commerce channels.
There
are
over
45
subsidiaries
and
divisions
of
Reliance
Retail.
On
29
August
2020,
Reliance
Retail
announced
that
it
is
acquiring
the
retail,
wholesale,
logistics
and
warehousing
business
from
the
Future
Group
for
₹24,713
crore
(US$3.1
billion)
adding
15
lakh
square
meters
of
retail
space
to
the
company.
On
15
November
2020,
Reliance
Retail
announced
that
it
had
acquired
a
majority
ownership
of
the
furniture
and
decorating
company
Urban
Ladder.
On
7
October
2021,
the
company
announced
its
partnership
with
7-Eleven
to
open
its
stores
in
India.
The
announcement
came
a
day
after
Future
Group
announced
the
end
of
its
partnership
with
7-Eleven,
citing
the
inability
to
meet
the
target
of
opening
stores
and
payment
of
franchisee
fees.
The
first
7-Eleven
in
India
opened
in
Mumbai.
On
6
January
2022,
Reliance
Retail...
invested
$200
million
in
Dunzo
for
25.8%
stake.
Mukesh
Ambani’s
Daughter
Isha
Ambani
will
Head
the
Reliance
Retail.....
