Reliance Retail bags “Retailer of the year” Award

December 21, 2010

Reliance Retail has been conferred the most coveted and prestigious “Retailer of the Year” Award at a grand event organized by Franchise India Holdings Limited, here this evening.

Star Retailer Awards are the premier Retail Awards of the country that pay tribute to retail industry’s top achievers while showcasing outstanding achievements of Retailers across India and International Retail concepts.

Reliance Retail has been selected as “Retailer of the Year” clearly on the broad parameters of its retail expansion, store experience and customer feedback. Mr. Raghu Pillai received this award on behalf of the company.

Reliance Retail has also been awarded the “Food and Grocery Retailer of the Year” award which was received by Mr. Gunendar Kapur.

To top it all, in the individual category awards Mr. Gunendar Kapur has also been awarded the “Retail Professional of the Year”.

While recognizing exceptional achievements in the retail industry, Star Retailer awards is the most respectable platform to recognize retailers who are consistently seeking to innovate, to satisfy and retain customers.



Marks and Spencer & Reliance Retail plans 15 stores by 2013

July 23, 2010

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 29, 2010

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 Jewels opens first store in Coastal K’taka

June 9, 2010

Reliance Jewels, the jewellery specialty store from Reliance Retail, today launched its first store here today.

The store is the third in Karnataka and 23rd in the country.

Addressing a press conference after the launch of the store, Assistant General Manager (AGM) Isaq Turner said the new store offered 100 per cent range in gold, diamond and wedding jewellery.

He said RRL, which opened its first retail store in November 2006, operated more than 1,000 stores in 86 cities.


‘Reliance Living’ makes its debut in Bangalore

June 9, 2010

Reliance Retail, keeping in sync with the brand’s growth strategy has launched its first Reliance Living store in Bangalore. Reliance Living has recently brought together all home related products including several new aspirational product lines to create a home store to style up our home. It comes alive to beckon our Indian homes with a contemporary and elegant range of furniture, furnishing, décor, homeware, decorative lighting and modern kitchens. The new store, spread across an area of 15,000 sq. ft, is located in Mantri Square, Malleshwaram Bangalore.

On the opening of its first Reliance Living store in Bangalore , Mr. S Ranganathan, Executive Vice President, Home said, “The launch of our Reliance Living store in its new avatar is in keeping with Reliance Retail’s promise of offering our customers a delightful and hassle free shopping experience. We are proud to present Reliance Living with an array of choices on various product segments and services, complemented with unmatched affordability and assured quality for all home needs.”

Reliance Living offers customers a unique, personalized shopping experience. Every customer walking into the store is escorted around by trained and friendly personnel to guide them. While going around the store, one will surely feel that ‘What I need at home is here!

The Furniture range includes everything from sofas, dining tables, beds, wardrobes and accessories to modular wardrobes. The products range from solid wood constructions to MDF and laminated.

The Modular range of wardrobes offers customers the choice of customizing their wardrobe to their desired size and internal hardware. Reliance Living also offers iconic brands like La-Z-Boy Recliners and a whole range of comfortable mattresses from leading brands.

When it comes to soft furnishings, the range spans from curtains, carpets, bed sheets, quilts, blankets, cushions and bolsters to wide range of towels and rugs. The store also brings in “Curtain Factory”, the unique way of offering customized curtains with hundreds of guaranteed light fast fabrics in a wide range of colors, textures and designs to select. In addition to the private labels ‘HomeOne’ and ‘MyHome’, national brands like Bombay Dyeing, Portico & Recron also form part of the wide offerings.

When all the rooms are furnished to contemporary standards, one would definitely need the kitchen to match up. To meet the demand of a modern, stylish woman’s kitchens and to provide utility, hygiene and ergonomics with classy looks, Reliance Living offers custom-built kitchens that are designed to suit their kitchen and their style of cooking. Using the world’s best hardware which is guaranteed for life and shuttering material that ranges from MDF to marine ply and solid woods, Reliance Living offers great reliability with superb finishes. The range also includes scratch proof Thermo foils and hi-gloss polyurethanes to complete a range of colors and textures. The kitchens incorporate a wide range of appliances like hobs, chimneys, dishwashers and ovens across a wide price range to suit customer’s specific needs. One can get table tops in granites or corian, depending on what you choose..

Reliance Living will offer free design and installation within a period as short as 45 days. Starting from as little as Rs. 49,999, everybody can aspire to a modern kitchen!

“Reliance Living will revolutionize the way Bangaloreans shop for their homes. I must add that it feels great to open our first store in the most happening mall of Bangalore, which will allow us to be lot more accessible to all residents of this beautiful city.. This launch marks yet another milestone in our effort to unleash the retail revolution across India.” Added Mr. Ranganathan.

Customers can pick their favourite products from Home Décor, Decorative Lighting ,Tableware, Glassware, Barware and Bone china from a select range. They can decorate and beautify their home with a classy range of artificial flowers, fragranced candles & potpourri, artifacts, vases, wall clocks, picture & photo frames. International brands like Corelle, Corningware, Pyrex, Pasabache, Venus, Lock-n-Lock, Leifheit, Dr.Oetker, Stacket and Eglo Lighting provide immense width to the offering.

Well designed real room settings are created within the store to stimulate the customer’s imagination and help them find the very best for their homes. Wall painting services are offered by Asian Paints and wooden flooring services are offered by Pergo Sweden.

Spread over 15,000 square feet, with hundreds of options to suit every budget , this is the Home Store that is creating a buzz in Bangalore.


Reliance Jewels Shines in City Centre Mall, Mangalore

June 8, 2010

Reliance Jewels, the jewellery store from Reliance Retail announced the launch of its first store in Mangalore at City Centre Mall on Tuesday. This is the third store in Karnataka and 23rd store in the country.

Addressing the reporters on Tuesday, Reliance Jewels Southern region Assistant General Manager Isaac said that Reliance Jewels offers its consumers an unparalleled range of jewellery, backed by the assurance of hallmarked gold and certified diamonds, in an unmatched shopping ambience.

Reliance Jewels has a special introductory offer of flat 10 per cent off on plain Gold Jewellery making charges, flat 20 per cent off on studded gold jewellery making charges and flat 100 per cent off on diamond jewellery making charges.

Reliance Jewels guarantees 100 per cent purity as it offers only BIS Hallmarked Gold. Diamonds here are Internationally Certified by Independent Certification Laboratories.
The range at the store encompasses stunning designs in South Indian Temple Jewellery, Hyderabad Ruby and Emerald collections, Timeless Naqashi Rajkot Antique, Kolkata Filigree, Kundan and exclusive Bridal Jewellery. Plus exquisite diamond jewellery in distinctive designs, finish and superior quality to celebrate every special occasion in a woman’s life.


25th Reliance Trends in Mangalore

June 5, 2010

Reliance Retail has opened its 25th Reliance Trends store in the country at City Centre Mall in Mangalore. Spread over 13,000 sq ft, the Mangalore store offers more than 100 Indian and international brands, according to a company press release.

Reliance Trends is the apparel, luggage and accessories specialty store. It has presence in places like Delhi, Gurgaon, Bangalore, Hyderabad, Mumbai, Ahmedabad, Kochi, Vishakhapatnam, Chennai, Vijayawada, Belgaum, Vadodara and Amritsar, the press release added.

Reliance Retail all ablaze in Flamez

June 5, 2010

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.


Reliance Retail to launch jewellery store in Kolkata by October

June 4, 2010

Reliance Retail Ltd (BOM:500325) plans to launch Reliance Jewels outlet in Kolkata by October. Reliance Industries shares closed tad down 0.03 per cent from the previous close on the Bombay Stock Exchange (BSE).

Biju Kurien, president and chief executive officer of Reliance Lifestyle was quoted by the media saying that the firm has around 18 jewellery stores operational in the country mainly in the north, west and south. The company plans to expand in the regions they are already present and plan to launch their first jewellery store in Kolkata by October.

Reliance Lifestyle is a division of Reliance Retail. The company plans to add around 17 Jewels outlets by Mar 2011. Each of the Jewels outlets spread over 3,000-5,000 square feet.

Reliance Retail, which is owned by Mukesh Ambani’s Reliance Industries Ltd, also plans to more than double its number of Time-Out stores by Mar 2011.

Currently there are 8 Time-Out stores operational in the country and we plan to take it to 24 stores by March 2011, Kurien said.

Each Time-Out store spreads over an area of 7,000-12,000 square feet and houses books, music, stationary, toys and gifts. Reliance Retail currently has 14 formats operational across the country.


Reliance TimeOut launches its third store in Mumbai

June 1, 2010

Reliance TimeOut, the one-stop destination for books, music and stationery enthusiasts, a specialty format of Reliance Retail, has opened its new store in Thane, at Korum mall, Thane. After successful launches in Bangalore, Gurgaon, Kochi, Ahmedabad and Mumbai, this is Reliance TimeOut’s 13th store in the country and 3rd store in Mumbai.

The new Reliance TimeOut store extends to its customers a host of books, music, stationery, toys and gifts. It offers a huge range of choice with over 24,000 books and magazines, over 15,000 music and movie titles, more than 4,000 Stationery items and a wide range of gifts and toys.

In addition to the wide range of product offerings, Reliance TimeOut has introduced ‘Summer Carnival’ which boasts of loads of events and exciting offers on a wide range of products which will go on till mid-June. As part of the summer carnival, Reliance TimeOut is offering up to 50% off on kids’ films and up to 10% off on Kids’ books, while the grown ups can take advantage of a discount of up to 25% on retro music CDs. The store has also got deals running on back-to-school products and their fragrance range.

On the occasion of the launch, Deepinder Kapany, Business Head, Reliance TimeOut said, “We are very pleased to open our third store in Mumbai and offer our customers a whole new experience to look forward to. We have received an overwhelming response from customers for our innovative and unique concept and the exciting range of interactive activities that enables customers to meet and interact with their favorite authors. We are sure that the books, music and movie enthusiasts in the city will enjoy the experience that we have especially designed for them.”

The store will also see a lot of performances from up-coming artists and will host tons of activities for children. These products combined together with services offered in a truly world class environment and with friendly, knowledgeable and energetic staff will surely make Reliance TimeOut a place to be.

Reliance TimeOut’s initiative called ‘Book Club’ launched on 2nd August 2008 is fast transforming Reliance TimeOut into a literary hub, with varied activities conducted at least twice a month at the store. The Reliance TimeOut Book Club provides its customers a platform to engage in discussions with their favorite authors and also get entertained through various book reading and enactment sessions. For people interested in books, plays, theatre, poetry and writing, membership of the Reliance TimeOut Book Club is an absolute must. A member gets invitations for all the events at Reliance TimeOut and will also enjoy a whopping 10% off on all books purchased at the store. Unisun Publications which has been organising the Unisun Creative Writing Competitions over the years, now organises the ‘Annual Writing Contest’ for budding writers in association with Reliance TimeOut every year, which gives budding authors the opportunity to win exciting cash prizes as well as a chance to get published.