Reliance Retail opens 12 stores in Chennai January 26, 2007
Posted by Shalini in Retail.7 comments
Reliance Retail is on a roll. The Economic Times and Nasdaq.com report that after opening stores in Jaipur last month, the company opened 12 Reliance Fresh stores in Chennai, its third city after Hyderabad and Jaipur. The company is marketing its Fresh stores as neighborhood stores, which will stock fresh fruits and vegetables, food staples and grocery and dairy products. Fresh stores will stock roughly 150 products and target approximately, 3,000 households in the immediate vicinity of 1-2 kms.
At the opening of the stores, Gunender Kapur, Head of Reliance Retail addressed a press conference, where he said that, “We are developing the Reliance Fresh chain as a neighbourhood food store, with each store coming up between 2,000 sq ft to 4,000 sq ft of space. We will be relevant for all income groups in a neighbourhood.” The company is also introducing its own private label products under the Reliance Select brand, which is at present only for stapes and will be added for other categories too.
In total, the company now has 40 stores in three cities. Reliance Retail will be opening stores in Vijaywada and Vishakapatnam also this week. Procurement centres have been established in Thiruvallur, Maduranthakam, Oddanchatham and Kodaikanal for agricultural produce such as vegetables, which are then taken to its processing centre at Puzhal, which is located north of Chennai.
Contact Information:
For merchandise supplies, please fill this Vendor Registration Process form.
For real estate enquiries, please fill details of your property in this property registration form.
For jobs, check the career page to see what positions are available and apply online.
Please contact Reliance yourself directly from the forms above or at this Reliance Retail site.
Organized retail raises farmers incomes January 24, 2007
Posted by Shalini in Retail, Trends.add a comment
Business Standard reports that farmers in Punjab are expected to significantly increase their incomes with the arrival of large retailers on the agri scene, who are creating a huge demand for fresh fruits and vegetables. Several comapnies such as ITC, Reliance and Subhiksha have signed agreements with farmers to source products directly from them. According to an official at Subhiksha, “As there are less intermediaries between us and the farmers they get higher returns on their produce.”
Around 70 farmers in Sangrur, Hoshiarpur, Fatehgarh Sahib and Ropar have turned to net-house cultivation to produce high-value and off-season crops that are in high demand with the retailers, with technical help from the Punjab farmers commission and financial help from the State Bank of India. In Nawashahar and Jagraon, Centurian Bank of Punjab has teamed up with Chambal Fertilizers to finance 200 farmers to grow potatoes.
NRF honors Kishore Biyani as ‘International Retailer of the Year’ January 18, 2007
Posted by Shalini in Retail.add a comment
Display and Design Ideas reports that the National Retail Foundation (NRF) announced its honorees for its retailing awards in New York on January 16th, 2007, where India’s leading retailer, Kishore Biyani, founder and managing director of Pantaloon Retail (India) Ltd., was given an award as the International Retailer of the Year. According to Tracy Mullin, president and CEO of NRF, said “We are thrilled to be able to recognize these industry leaders, and we commend their innovative efforts and achievements.” NRF is the leading organization of the retail industry.
Reliance Retail contact information January 16, 2007
Posted by Shalini in Retail.comments closed
I’ve been getting far too many questions and comments regarding Reliance and if I can hook people up with the company, for jobs, real estate leases, supplies etc. The thing is that I am in no way related to the company, either personally or professionally, something that I haven mentioned umpteen times. So please do not contact me for getting a job with Reliance, or getting a franchise or supplying merchandise to them.
If you are interested, do contact them directly at these numbers or fill in this contact form at their website:
Reliance Industries Limited
Reliance Centre,
19, Walchand Hirachand Marg,
Ballard Estate,
Mumbai 400 038.
India.
Tel : 91-22-2284-7000
Fax : 91-22-2284-7099
For merchandise supplies, please fill this Vendor Registration Process form.
For real estate enquiries, please fill details of your property in this property registration form.
For jobs, check the career page to see what positions are available and apply online.
Please contact Reliance yourself directly from the forms above or at this Reliance Retail site.
I am not connected to or work for Reliance Retail in any form, so please do not ask me for favors in that regard. All such comments will be deleted. Any comments asking for the above information will not be responded to.
Phone numbers, emails and web addresses might be changed by Reliance. I am not responsible for changes that take place after this date.
French retailer Decathlon scouting for Indian partner company January 3, 2007
Posted by Shalini in Retail.add a comment
The Economic Times reports that Sports goods French retailer Decathlon is reportedly scouting for an Indian company to partner with to enter the Indian retail market. It has already mapped out its strategy for India in anticipation that the Indian government would allow FDI up to 49% in multi brand retail for sports goods. The company had recently withdrawn from the US market making its entry into India even more critical.
The company will be entering the Indian market in a phased manner, first setting up a warehouse in Gurgaon, for which it has already begun negotiating with real estate consultants. Once this is set up then it will enter a partnership with an Indian company, although if it will go for a franchisee model or a joint venture is not yet clear. Some sources suggest that the company is in talks with Sierra Industrial Enterprises, whose retail arm, Sports Station India introduced Nike brought Nike to the Indian market
The world that we live in 