Business model of reliance retail …
#RelianceRetail is the retail arm of Indian conglomerate #RelianceIndustries, one of the largest retail companies in India.
#RelianceRetail is the retail arm of Indian conglomerate #RelianceIndustries, one of the largest retail companies in India.
The company operates a wide range of retail formats, including #supermarkets, hypermarkets, and specialty stores.
#RelianceRetail's business model is based on the "asset-light" model, meaning it leases rather than owns its stores.
This allows the company to enter new markets quickly and efficiently, while also reducing its risk and capital expenditure.
Reliance Retail also has a strong focus on #supplychain management, with a network of warehouses and distribution centers across the country.
The company leverages its scale and efficiencies to offer competitive prices to customers, which has helped it become a market leader in many categories.
Reliance Retail also focuses on #digitalinnovation, with an e-commerce platform and a mobile wallet for customers to make payments.
The company has a wide range of private label brands, which it uses to differentiate itself from competitors and increase its margins.
Reliance Retail has a strong presence in both urban and rural areas, with a network of over 12,000 stores across India.
#RelianceRetail's successful business model has helped the company achieve strong growth in recent years, with revenues of over $17 billion in 2020. #Retail #Ecommerce #SupplyChain #PrivateLabel #India
• • •
Missing some Tweet in this thread? You can try to
force a refresh
