Columns

Reliance Retail amongst top 5 worldwide sellers in number of outlets: Mukesh Ambani, ET Retail

.Rep ImageNew Delhi: Oil-to-gas empire Dependence Industrie's retail arm - Dependence Retail is amongst the leading 5 international sellers in relations to the amount of stores, mentioned Mukesh Ambani, chairman and managing director of Dependence Industries. Speaking at the 47th Annual General Satisfying of Reliance Industries, Ambani even more specified that Dependence Retail is amongst the leading 10 retail stores in regards to market capitalisation, leading twenty in terms of variety of employees, and also best 30 in relations to earnings. Deciphering Reliance Retail's one-of-a-kind operating model, Ambani claimed that the company has an unequalled omni-channel version providing consumers seamless expertise throughout bodily and on-line channels as well as ease. "Our experts possess a popular supply around channels that gives hyperlocal distribution leveraging our best retail store network." Dependence Retail runs 19,000 establishments spread out across an area of 80 thousand square feets in 7,000 plus cities.Ambani added that Dependence Retail's 4 thousand kirana partners and also a bouquet of electronic platforms provide the provider access to customers across the nation. Taking note the duty of new-age modern technologies, he pointed out that the business is using deeper tech along with real-time dashes, as well as combined AI process to create its functions AI-enabled around the value chain.
Published On Aug 29, 2024 at 03:36 PM IST.




Sign up with the area of 2M+ sector experts.Subscribe to our bulletin to obtain latest ideas &amp evaluation.


Download And Install ETRetail Application.Get Realtime updates.Save your favorite write-ups.


Scan to download Application.