INSUBCONTINENT EXCLUSIVE:
Reliance Retail on Friday said its biggest segment - consumer electronics and devices was impacted due to early onset of monsoons but
19,592 stores at the end of June, selling grocery, consumer electronics and apparel, posted net revenue of Rs 73,720 crore for the
Industries chairman and managing director Mukesh Ambani said.
Reliance Retail opened 388 new stores in the first quarter and had 77.6
million sq ft of retail space as of June-end.
Live EventsJioMart continued to expand quick hyper local deliveries posting 68% growth and
175% growth in daily orders
Consumer electronics business was driven by an average bill value growth, up 26%, and conversions increased 200 bps
AC sales, however, were impacted due to early onset of monsoon.In the fashion and lifestyle division, growth has picked up with multiple
initiatives undertaken in the last four quarters, and emerging formats of GAP, Azorte, and Yousta posting 59% growth, which now operate over
Within grocery, it saw broad based growth across categories with home and personal care growing at 15%, fruits and vegetables growing at 15%
while packaged foods expanded 13%Reliance's consumer products business, which sells Campa and Independence, recorded sales of Rs 4400 crore
excellence, geographical expansion and sharper product portfolio
Our continued investments in cutting-edge technologies and differentiated product offerings have enabled us to serve our customers better
