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Reliance fresh outlet in noida

Tags: reliance, fresh outlet in noida
30 Jan '07 02:19 pm
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Answers (2)


They are going to opne 600 outlets in NCR, 9 will be launched within a week.
Answered by sudhir chauhan, 30 Jan '07 02:26 pm

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Reliance Fresh stores in Noida
Reliance Retail on Monday ushered in a new retail culture in the national capital region by opening nine western-style food stores as it hopes to become the preferred supplier of push-cart vendors and kirana stores.

The launch of nine 'Reliance Fresh' stores in Noida, Greater Noida, Gurgaon, Ghaziabad and Faridabad took the number of such outlets that sell fruits, vegetables, groceries and dairy products to 49 in the country with an investment of close to Rs 3,000 crore (Rs 30 billion).

RIL president and CEO (operations and strategy) Raghu Pillai said 8-10 per cent of the Rs 25,000-30,000 crore (Rs 250-300 billion) that the company has planned for its retail venture by 2010 had been invested so far.

Bigger format stores such as hypermarkets, supermarkets and speciality stores would be opened in the April-June quarter, he said. Reliance Retail, he said, hopes to earn Rs 1,00,000 crore in revenue in the next five years.

In addition, the ...more
Answered by jasmeet singh, 30 Jan '07 02:27 pm

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