Columns

Reliance Retail among best 5 worldwide sellers in lot of shops: Mukesh Ambani, ET Retail

.Representative ImageNew Delhi: Oil-to-gas conglomerate Dependence Industrie's retail upper arm - Reliance Retail is actually amongst the leading 5 worldwide retail stores in relations to the lot of shops, claimed Mukesh Ambani, leader and also taking care of supervisor of Dependence Industries. Speaking at the 47th Annual General Fulfilling of Reliance Industries, Ambani further mentioned that Reliance Retail is among the best 10 merchants in terms of market capitalisation, best twenty in regards to number of staff members, and top 30 in regards to profits. Deciphering Dependence Retail's distinct operating model, Ambani said that the company has a hard to beat omni-channel design providing customers smooth expertise across bodily as well as internet channels and advantage. "Our team have a typical stock throughout stations that gives hyperlocal distribution leveraging our widest establishment network." Reliance Retail manages 19,000 retail stores spread throughout an area of 80 thousand straight feets in 7,000 plus cities.Ambani included that Dependence Retail's 4 thousand kirana companions and a bouquet of digital platforms offer the firm accessibility to buyers around the country. Taking note the function of new-age technologies, he stated that the firm is using deeper technician along with real-time control panels, and also incorporated AI workflows to create its operations AI-enabled all over the value chain.
Posted On Aug 29, 2024 at 03:36 PM IST.




Join the community of 2M+ sector professionals.Register for our newsletter to get most up-to-date understandings &amp evaluation.


Download And Install ETRetail App.Obtain Realtime updates.Conserve your much-loved articles.


Check to install App.