Archive for the ‘Reliance Retail’ Category

Reliance Digital Store in Pune

June 24th, 2011 - by admin

Reliance Digital, the large format, multi-brand electronics retail store chain launches is first store in Pune at Bund Garden on 25th June 2011.

Reliance Digital brings a host of exciting propositions to its customers along with its launch in Pune.

There would be a 15 day lowest price guarantee to assure customers of the best prices, a first in the industry. Moreover, easy financing options will be available to consumers shopping at the store in order to make shopping easier for them.

Apart from the Lowest Prices, customers at Reliance Digital Store in Pune will also be greeted with Special Launch Offers. There would be an exchange offer, whereby customers can exchange their old Mobile phones for brand new electronics, with upto Rs 4,000 discount. There would be exchange offers for old TVs, Refrigerators, ACs & Washing Machines as well.

The first 100 customers would also be walking away with assured gifts, and get an opportunity to spin the ‘Wheel of Fortune’ with a chance to win Gift Vouchers.

There is a special finance offer for limited period, through which here Customers in Pune will be able to walk away with any product by making an initial payment of Rs. 51 (Offer valid till 26th June).
The store provides Valet parking facilities for visitors. The store itself contains a Gaming Zone, an Experience wall and on the spot finance services.

More details are available on the website www.reliancedigital.in

Store Address:
Bund Garden, Next to Ruby Hall, Sasoon Road, Pune -411001
Phone No: 40001333

About Reliance Digital: Reliance Digital is the CDIT (Consumer Electronics, Durables, IT & Telecom) retail arm of Reliance Retail Group. It currently spans across 31 stores across 17 cities within the country with an average store space of around 10,000 sq. ft. Reliance Digital sells a wide range of CDIT products & solutions ranging from High-end LCD, LED & Plasma Televisions, Refrigerators, Washing machines, Microwave Ovens, Digital Cameras, Laptops, to small items like IT accessories, HDMI cables & Pen drives. It also sells the entire Apple range.

As the products manufactured in country’s most infamous jail finds a popular ground among the masses, the authorities of Tihar Jail have now decided to take this little endeavor of the inmates to a commercial level. It is reported that the big names like Reliance Fresh, a value store format, and Mother Dairy will sell the products manufactured at the facility at their respective outlets.
Reliance Fresh, a value retail format from the house of Reliance Industries Limited, will carry products such as bread, cookies, cakes, namkeen, biscuits, rusks, loaves, oil and even some home décor products like wooden furniture. These products are manufactured in huge quantities in the Tihar jail factory and have readily garnered for themselves a good customer base. Theses high quality products are available at affordable prices to the people at six different outlets in New Delhi. It is reported that the retail trade of its products has increased the annual turnover from Rs 6.6 crore in the year 2009 to Rs 10 crore in 2010.
In an effort to reach out to a larger customer base and provided the inmates with an opportunity to generate income and a means of livelihood, the Tihar Jail authorities are optimistic that this move will turn out fruitful.
An officer at Tihar Jail facility stated, “We are aiming at attaining a goal of Rs. 15 crore annual turnover this year around. The more the products sell, the more it increases the job opportunities for the inmates inside the prison premises and he or she also gets to earn well. It will also help towards the rehabilitation programme for the prisoners,”
Indeed an opportunistic move; such an initiative may just prove to be an excellent motivating factor for the inmates and provided them with proper direction as to how to rear a decent livelihood. With the support from likes of Reliance Fresh, Mother Dairy and MCD, the inmates at the facility will be able to shore up from their existence. The authorities are also planning to open their outlets at various court complexes such as Patiala House, Tis Hazari, Dwarka, Karkardooma and Rohini courts.

Reliance Retail to draw from rural talent

February 8th, 2011 - by admin

Reliance Retail, the retail arm of Mukesh Ambani led Reliance Industries Limited (RIL) has decided to interpose its way into the interiors of the country and rope in rural talent to slow down the erosion of front end staff in its retail business.
Much of this rural talent will be deployed to function as the front end staff in 1000+ retail formats of Reliance Retail; including Reliance Fresh, Reliance Mart and many more.
Reliance Retail plans to hire around 30-35 per cent new staff employees for its value formats from non-urban areas particularly rural markets by leveraging the brand pull that the Reliance name commands in these markets. As many as 8,000 people from rural areas and townships are presumed to benefit from this brazen move of Reliance.
Studies have shown that the average duration of a front end employee in the retail business in India is under a year. Most people who have been laid-off due to the stealthy encroachment of economic slowdown are now apprehensive of joining larger urban establishments. In order to compensate for the lack of adequate staff, a company like Reliance Retail has chosen for itself a rather smart move of selecting from the vast expanse of employment hungry individuals from tier II and tier III quarters.
Reliance has notified that in order to help these individuals adjust to life in a big city, they will provide them with a composite one-month training which, apart from shop floor practices, integrates modules on how to live in a big city, appropriate etiquettes and standards of accepted behavior. This will help rural transits adapt to the new found habitat much more smoothly.
Reliance has tied up with a few training providers including a unit of IL&FS to train rural staff for a period of 6 months in retail operations and mannerism.
Not only will such a move aid rural populace find a better life and ensure a steady flow of income, but being a part of a gradually modernizing Indian economy will invariably work in favor of those people who form the backbone such an economy.

Hamleys- one of world’s largest toy stores- is set to storm Indian market under its tie-up with one of India’s largest retail brands- Reliance Retail.

A lucrative subsidiary of Mukesh Ambani owned Reliance Industries Limited (RIL), Reliance Retail is a strong arm extension of this private major. Currently, it operates in 1,000 stores in more than 85 cities across the country.

Under its tie-up with the UK based toy store, Reliance Retail launched the first Hamleys toy store in Asia in the city of Mumbai in April 2010. Reliance Retail President and Chief Executive Officer Bijou Kurien reported that, “Our first store in Mumbai which is spread across 21,000 square foot has got a very good response. It was a pilot store. Now this is a large store. With this we have plan to open 18 stores in India over the next seven years.”

Hamleys as a brand is a very strong and reputable. The flagship store is considered one of London’s major tourist attractions, and receives about five million visitors a year. The USP of such a mammoth like establishment lies in its superior range of products, variety and quality.

As far as Indian toy market is considered, it is presently valued at Rs. 15,000 crore, growing annually by almost 15%. Fueled by a vast domestic market, the industry has now turned its attention to global markets and is fast gearing up to meet international demands.

In an effort to realize this expectation, Reliance Retail has joined forces with one of world’s top toy marketers as a part of expanding its footprint. The new stores in India will be launched under ‘Pilot Store-Large store’ category, spread across 11,000 to 21,000 square feet of space.
Hamleys Global CEO Gudjon Reynisson said that the company holds all ‘local partnerships’ for merchandising their toys in any country where dearly. And an opportunity to spread out alongside India’s largest retail brand is an added incentive.

While Reliance Retail will guide the process through their extensive knowledge of domestic market, cultural diversities and distribution network, Hamleys will provide the merchandises and also give creative direction to the whole course of action.

Reliance Trends, the fashion, apparels and accessories specialty concept of Reliance Retail is coming up with overwhelming offers as part of the Diwali offer. Reliance Trends has planned an irresistible offer, wherein you can get gift coupons when you shop for a minimum of Rs. 2000 or above.

Reliance Trends, a subsidiary of Reliance Retail which is a part of Mukesh Ambani’s Reliance Group, is well known to have constant offers to cheer the consumers. The great deals coupled with good quality merchandise, has encouraged consumers to try out Reliance Trends more often. This year round, they have yet again waved the magic wand and come up with a great offer for its customers.

When a person shops for over Rs. 2000, the customer is entitled to a gift coupon worth Rs. 1000 which may be used to shop at Reliance Trends stores later on. The value of the vouchers only increases as the amount the person has shopped for, increases. With the shopping of Rs. 3000, a person is entitled to a gift voucher worth Rs. 2000 which can be redeemed at any of the Trends outlets later on. An extra gift coupon worth Rs. 500 will also be awarded to the customer if he shops using an ICICI Bank Credit Card or Debit Card.

The offer will be valid on select merchandise at Reliance Trends till the end of the Diwali season this year. Reliance Trends houses some of the best brands from various parts of the world including their collections. The brand’s core principle is – ‘Fashion at great value’. It offers a mix of private brands across men’s, women’s and children’s categories. The collection offers high fashion, latest trends, cuts and styles and top-quality material backed by technology and innovation.

Reliance Retail, the India largest organized retail company with Value & Special formats, with a pan India footprint, with over 1000 stores is entering the cash and carry business this year. Mukesh Ambani-led Reliance Industries said its retail arm Reliance Retail is entering into this cash and carry business by opening at least three outlets in the next six to eight months.

Reliance retail plans to enter cash and carry segment Solo without any foreign joint ventures. The company has already identified locations and work was on for the construction of the outlets with an area spread over 1.5 lakh square feet each. This is, however, a scaling-down of the company’s initial plan to open its stores at 15 locations, mostly Tier-II centres such as Jalandhar, Ludhiana, Rajkot and Salem.
Reliance’s entry into the cash and carry business assumes significant at this point, as the market is abuzz with reports of global retailers such as Wal-Mart, Tesco, Metro and Carrefour expanding their presence in India amid anticipation that the government is likely to ease FDI norms in both the wholesale and retail formats.
“The company is back with a bang. It is soon going to announce its revived cash-and-carry business plans and will open three outlets over the next six to eight months,” the source said without divulging details.
Since its inception in 2006, Reliance Retail has grown into an organization that caters to millions of customers, thousands of farmers and vendors. Based on its core growth strategy of backward integration, Reliance Retail has made rapid progress towards building an entire value chain starting from the farmers to the end consumers. Reliance Retail currently operates 15 formats such as Reliance Fresh, Reliance TimeOut, Trendz and Digital and Jewels, among others.
Cash-and-carry would be the sixteenth format that would sell goods to those with a sale tax certificate such as modern retailers, fruits and vegetables re-sellers, restaurants and hotels and small mom and pop and kirana stores.

Reliance Jewels celebrates Independence

August 17th, 2010 - by admin

The jewellery retail subsidiary of Reliance Retail, Reliance Jewels heightens the feeling of being free with some attractive offers. With a wide range of jewellery, backed by the assurance of hallmarked gold and certified diamonds and fine shopping ambience, now experience freedom from Making Charges of Jewellery with Reliance Jewels.

Reliance Jewels is offering NO MAKING CHARGES on select Diamond jewellery, Kundan, Polki and designer Antique jewellery. To enrich the sense of liberty it is offering 25%- 50% OFF on making charges of Diamond Jewellery and 5%- 20% OFF on Gold Jewellery making charges. This will enable the customers to get the best buy on any kind of jewellery they always craved for. The offer will be valid for a limited period until August 31, 2010.

Reliance Jewels offers the widest range of designs in Gold, Diamond and Bridal jewellery, carefully selected and designed from every corner of the country to suit the customers discerning tastes. Reliance Jewels offers the finest quality of diamonds and the widest range of designs, ranging from daily wear to party wear, from diamonds for weddings as well as to celebrate every special occasion in a woman’s life.

Reliance Retail is leaving no stone unturned in tapping the lucrative jewellery retail industry in India. With a well established position in various positions including Bangalore, Ahmedabad, Hyderabad, Gurgaon, Ludhiana, New Delhi and Mumbai, it is gearing up to spread its reach across all major cities of India. Reliance Jewels takes pride in claiming that it masters the art of bringing the best designs of 100% BIS certified gold jewellery and stunning pieces of diamond jewellery. The store provides more than 10,000 exclusive variations of jewellery designs including traditional Amritsari jadau, Ruby and emerald collections and displays a huge range of modern and antique designer collections to give world-class experience to its customers.

Marks and Spencer Reliance India, a joint venture between Mukesh Ambani-run Reliance Retail and UK-retailer Marks and Spencer Plc, intends to open 15 stores in two-years, mainly in the metros, a top company official said.

“We are looking to open 10-15 stores in the next two years mainly in the metros. We’re aiming to open larger stores which will showcase a fuller range of our product catalogue,” said Marks and Spencer Reliance India, Head of Marketing, Nandini Sethuraman.

In order to display the wide range of product catalogue properly, the company desires to open spacious stores approximately 10-15.

Marks and Spencer announced plans to open 50 stores in India in the next five years when it formed the joint venture in 2008. The retailer said the target remains.

“Our plan is to open larger stores between 15,000 sq ft and 35,000 sq ft. By 2014, our aim is to have 50 stores. It all depends on momentum and right locations,” Sethuraman said.

Currently, the company has 18 stores across India in destinations such as Delhi, Amritsar, Mumbai, Pune, Ahmedabad, Kolkata, Bangalore, Hyderabad and Chennai with an average size of about 5,000 sq ft to over 22,000 sq ft in conjunction with Reliance Retail.

Reliance Retail Expansion Plans 2010-11

June 29th, 2010 - by admin

Reliance Retail, a subsidiary of Reliance Industries, plans to invest Rs 2,000 crore to add 3 million sqft retail spaces in 2010-11, a top company official said on Monday, 28th June.

Reliance Retail recorded sales of Rs 4,500 crore in the financial year ended March 2010. It operates nearly 1,150 stores in 86 cities across 14 states which span just over 4.5 million sqft space across India. In 2009-10, the company added around 1 million sq ft retail space.

The company has also focused greatly on its plan of luxury brands to India with Reliance Brands. The last two months have seen the launch of Hamleys and Diesel stores. Reliance Retail is now in talks with US fashion brand Kenneth Cole and Italian bag maker Mandarina Duck to open their exclusive outlets in India.

“We will add around 30 hypermarkets and 250 speciality stores this financial year. Around 1.5 million sqft will be added in hypermarkets while 1.5 million sqft will be in speciality stores and Reliance Fresh”, a Reliance official said.

“The company will focus on expanding Reliance Mart hypermarkets and its specialty retail formats – Reliance Trend, Reliance Digital, Reliance Jewels, Reliance Footprint, Reliance Time-Out and Reliance Wellness.” said the official.

This follows in wake of the Reliance Industries Chairman, Mukesh Ambani’s words at the 36th AGM claiming that Reliance Retail, Reliance Industries’ (RIL) retail arm will see a 10-fold growth in revenue over the next five years to become a Rs 45,000-crore entity.

Reliance Retail all ablaze in Flamez

June 5th, 2010 - by admin

Strategically located at Sarabha Nagar, Flamez Shopping Mall cum Multiplex, Ludhiana, is the first operational shopping mall, multiplex and hypermarket in all of Punjab. The first 4-screen PVR multiplex of Punjab and the first Reliance hypermarket are both located in Flamez Mall. Reliance Footprint and Reliance Kitchenware are also present in Flamez. Since the start of operations (Aug/Sept’07), Flamez has become the ultimate shopping experience for Ludhiana residents.

The premium location and the excellent brand mix of vanilla tenants, PVR 4 Screen Multiplex (Anchor1), Reliance Hyper Market (Anchor 2), Reliance Footprint (Anchor 3) and Reliance Kitchenware makes this mall successful in regards to increasing footfalls.

Spread over 175,000 sq ft, Flamez mall has become an ultimate neighborhood family destination that offers facilities for leisure, entertainment, shopping and eating out, complete with a food court and fine dining restaurant.

Source:http://news-views.in/reliance-retail-all-ablaze-in-flamez/