RELIANCE SMART BAZAAR
4 kg onion bought at Rs 9 per kg weighed 400g less; Reliance Smart Bazaar, Reliance Retail ordered to pay Rs 20,000
A Ropar consumer commission ordered Reliance Smart Bazaar and Reliance Retail to pay Rs 20,000 to a customer after his own video showed two onion packets bought under a Rs 9 per kg offer fell about 400 grams short of the promised 4 kg, with no store staff addressing his complaint on the spot.
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitions
BRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more representative global order. The document outlines India's 2026 chairship priorities, recognises partner countries' contributions and calls for greater participation of Emerging Markets, Developing Countries and Least Developed Countries in global governance.
Reliance AGM 2026: Isha Ambani lays out Rs 1 lakh crore FMCG ambition amid Jio IPO
Reliance Industries used its 2026 AGM to outline ambitious growth plans across retail, consumer goods and digital businesses, while also taking a major step toward listing Jio Platforms.
Reliance Retail growth steady as quick commerce drives expansion
Reliance Retail Ventures Ltd posted modest profit growth as heavy investments in quick commerce impacted margins, despite strong revenue gains. Rapid expansion in hyperlocal delivery, FMCG and store network supported scale, positioning the company for long-term growth and deeper market penetration.
Reliance Retail to pilot search and discovery platform in multi-channel push
Reliance Retail is testing a new platform to connect its physical stores with online shopping. Customers can use QR codes to find products matching their preferences. This initiative aims to enhance the shopping journey across Reliance's vast network of stores. The company plans to expand this technology to more of its retail chains soon.
Shilpa Shetty-backed WickedGud raises Rs 20 crore led by Orios Venture Partners
The announcement comes almost a year after the startup had raised Rs 6 crore in funding from Asiana Fund, Titan Capital, Venture Catalyst, Hyderabad Angels, Disruption Fund and other marquee angels.
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K Raheja Corp’s Inorbit Malls acquires retail property in Hubli for over Rs 400 crore
Inorbit Malls, a subsidiary of K Raheja Corp, has acquired Akshay Sky Mall in Hubli for over Rs 400 crore. The fully leased mall features anchor tenants like Reliance Trends and Lifestyle. This move highlights the growing potential of tier-II cities in India for large-scale real estate investments.
Reliance expands trading area by 50% for non-food & general merchandise chasing higher margins
Reliance Retail, India's largest retailer, is expanding its non-food and general merchandise trading area by 50% in grocery stores to boost margins. This move supports its hyper-local e-commerce platform Jiomart. The company aims to double its business in the next 3-4 years and is focusing on premium segments as disposable incomes rise.
Back-to-school season spurs surge in retail and e-commerce sales
As students gear up for the new academic year, retailers and stationery companies prepare for a surge in demand during the April to June peak back-to-school shopping period. This significantly boosts sales for brands like ITC and DOMS, laptop manufacturers such as Dell, Lenovo, and Samsung, and retailers like Reliance Retail's Smart Bazaar stores, with sales increasing fivefold according to industry experts.
HDFC Bank launches virtual credit card: Up to 5% cashback, Rs 500 annual fee; check all features
HDFC Bank has launched a new digital credit card called Pixel Play Credit Card that allows allows you to customize benefits to fit your lifestyle. Here is a look at important features of HDFC Bank’s Pixel Play Credit Card, as per the HDFC Bank website.
2024: A space odyssey; hypermarts cut shelf space as Q-comm occupies mindspace
Hypermarkets in malls are losing space due to declining sales due to quick commerce apps like BlinkIt and Zepto. Mall operators like Landmark Group's Spar India have reduced store sizes and closed some outlets in Delhi NCR and Bengaluru. Reliance Smart Bazaar and Deerika Hypermart have also experienced a decline in sales. The trend has shifted from hypermarkets being the big draw to dining as the new pull factor.
Reliance launches eye-popping discount schemes ahead of 75th Republic Day
Reliance Digital has launched the Digital India Sale with the best deals on popular electronics, which is available in Reliance Digital and MyJio stores as well as on reliancedigital.in The customers can avail discounts of up to Rs 26,000 on using cards of different leading banks. The sale is on till January 28 with exciting offers on electronics including TVs, refrigerators, laptops, washing machines, and more.
Reliance Retail ramps up Smart Bazaar stores in small towns
Reliance Retail is the retail unit of Reliance Industries. It is the largest grocery retailer in the country which operates stores in multiple formats - Smart Superstore, Smart Point, Smart Bazaar, Fresh Signature, Freshpik and 7-Eleven.
Reliance extends Urban Ladder's presence at Smart Bazaar outlets
Over Urban Ladder, now an omni-channel business, the focus is to provide more and more touch points to the customer, CFO Dinesh Taluja said. "We are also expanding the category by putting it under many of the Smart Bazaars that we have launched so that it adds a new category into our Smart Bazaar portfolio. We've also recently forayed into the institutional sales within the segment," he said.
Reliance Retail Q2 Results: Net profit rises 21% YoY to Rs 2,790 crore
Reliance Retail revenue from operations rose 19% to Rs 68,937 crore in the reporting quarter, compared with Rs 57,694 crore in the corresponding quarter of previous year.
Reliance Retail Q1 Results: Profit jumps 19% YoY to Rs 2,448 crore, revenue rises 20%
During the quarter, Reliance Retail records highest ever footfall at 249 million across all formats. "Retail business delivered robust growth, with fast-paced store additions and steady growth in footfalls. The contribution of Digital and New Commerce initiatives is scaling up, delivering value to consumers and providing synergistic benefits to merchant partners," says RIL chairman Mukesh Ambani
RIL, Adani JV, 13 others put in EoIs for Future Retail
Reliance Retail Ventures, a subsidiary of Reliance Industries, in August 2020 announced its plan to acquire the retail, wholesale, logistics and warehousing business of Future Group for Rs 24,713 crore.
Reliance Retail partners with 50+ traditional sweets makers
These packaged mithais such as laddos, barfis and pedas, which are being positioned to compete with chocolate brands such as Cadbury and KitKat, are already being placed at all Reliance grocery stores such as Smart Bazaar, Smart and other grocery formats, besides Reliance Retail's e-commerce platform JioMart.
Reliance Retail to rebrand brand factory stores as fashion factory
The country's largest and most profitable retailer is in the process of converting nearly 90 Brand Factory stores into Fashion Factory outlets that will offer discounts on both leading and its in-house fashion brands throughout the year.
Reliance Retail to set up own stores in Future's locations, launch many soon
Smart Bazaar will have a bigger focus on everyday apparel and general merchandise than Reliance Retail's existing Smart supermarkets, modelling them on the lines of Big Bazaar so that consumers can feel connected.
Month-long sale from Oct 17 is Amazon's plan for festivals
The company said it expects the festive period to be its largest ever in terms of sales and has lined up over 900 launches from various smartphone, electronics, fashion and FMCG brands.
New items in cart: Guitars and robot vacuums
Buying patterns are largely getting dictated by life’s travails under lockdown, major online marketplaces and retail chains say. Denied the comfort of domestic help doing the cleaning, and/or the cook doing lunches and dinners, the relatively better off are buying more labour-saving household devices that get the job done.
Firms gearing up to meet sanitisers, masks demand
E-commerce platforms like Amazon, Flipkart, Big Basket and Grofers have not had stocks of frontline sanitiser brands at several locations. Chemist shops in several cities said they are not getting any fresh supplies of sanitisers from Tuesday, while face masks, too, were almost sold out.
Coronavirus terror in India: Sanitisers, masks sold out, prices peak
As Covid-19 patients continue to rise in India, some retailers and mask manufacturers are cashing in on the virus terror by jacking up prices by 2-3 times. E-commerce platforms have not had stocks of frontline sanitiser brands at several locations. Chemist shops in several cities said they are not getting any fresh supplies of sanitiser.
Retailers like Aditya Birla More, Bharti Retail, Reliance Retail & others pull out own brands from shelves
According to a global report by market researcher Nielsen, share of Indian private labels now stands at 4.5% of overall supermarket sales.
Private labels seeing strong growth in popularity: Nielsen Study
Private labels account for 6% of modern trade sales in urban India, says The Nielsen Study.
Biyani's' sixth sense saves the day for Pantaloon Retail
At a time when Indian retailers are trying desperately to make cash registers ring, Pantaloon Retail is perhaps the only one still raking it in.
Inflation charts growth path for private labels
Subhiksha, Spencer’s, Sabka Bazaar and Food Bazaar have created their own brands across categories like atta, sugar, biscuits, packaged water, tea, rice and condiments, which they sell through their own stores.
Catalogue-shopping hit with big retailers in metros
For the first time, Hypercity Retail India Ltd has entered into a franchise agreement to offer multi-channel shopping experience to its customers. Weekend platter
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