Reliance Retail plans rapid online business scaling, dark store expansion, and JioMart investment, aiming for 2x Operating EBITDA by FY28-29. This strategy focuses on improving unit economics, margins, and cash generation through enhanced omni-channel capabilities and private labels.
A Himachal Pradesh consumer commission ordered Reliance Retail to refund the price of expired Korean instant noodles and pay Rs 20,000 in compensation and costs after a customer's daughter fell ill. The commission rejected Reliance's defense that customers should check expiry dates, stating the seller bears responsibility.
A Himachal Pradesh consumer commission ordered Reliance Retail to refund the price of expired Korean instant noodles and pay Rs 20,000 in compensation and costs after a customer's daughter fell ill. The commission rejected Reliance's defense that customers should check expiry dates, stating the seller bears responsibility.
Reliance Consumer Products Limited aims for Rs 1 lakh crore revenue by FY30 and global FMCG status. Reliance Retail reported 1.93 billion transactions, 20,160 stores, and significant growth in fashion e-commerce and quick commerce. Jio Platforms' DRHP was approved for public listing.
Reliance Retail has acquired Priyanka Chopra Jonas's global haircare brand Anomaly, bolstering its presence in the beauty and personal care sector. The deal grants Reliance full ownership of Anomaly's assets, with plans to expand the clean, vegan, and affordable brand through its extensive retail and digital platforms, including Tira.
