Reliance Retail - Another giant!!

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Topic: Reliance Retail - Another giant!!

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Author	Message
CHINKI Senior Member Joined: 07/Feb/2007 Location: India Online Status: Offline Posts: 2827	Posted: 04/Sep/2008 at 11:09am
	Reliance may house Archies After having burnt their fingers by doing things on their own, Reliance are tieing with companies as if there is no tomorrow. Let's see how many weeks/months these alliances will survive@@
	TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
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CHINKI Senior Member Joined: 07/Feb/2007 Location: India Online Status: Offline Posts: 2827	Posted: 12/Sep/2008 at 8:08pm
	So finally downsizing is happening: Reliance Retail downsizes largest hypermart Coincidentally, Reliance are doing it in Retail after in Petrol outlets where they have Private Players as their competitors.
	TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
	IP Logged


xbox Senior Member Joined: 10/Sep/2006 Online Status: Offline Posts: 2001	Posted: 23/Sep/2008 at 5:05pm
	Recently one RelianceMart opened in nearby my area and being kanjoos customer, I visited them couple of times and changed my loyalty. Here are few take-aways ... 1. Grocery items are cheaper and their get-up is quite comparable to Overseas peers. 2. I was stunned to see variety in shoes, kid's/men/women wear. Price of these were mouth-watering. 3. Their electronic store is under development. 4. Home furnishing area is not big but decently presented. Over all, I found customer service to be good, quality to be decent and price to be affordable. Almost on all of these above, PRIL need improvement.
	Don't bet on pig after all bull & bear in circle.
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CHINKI Senior Member Joined: 07/Feb/2007 Location: India Online Status: Offline Posts: 2827	Posted: 23/Sep/2008 at 6:56pm
	Mukesh Ambani rejigs retail plan for Bengal As per one of the reliable sources, they must be posting more than 1000 Cr losses in 2009. Luckily for MA, the losses here will be compensated by the gas supplies from KG Basin. Edited by CHINKI - 23/Sep/2008 at 7:00pm
	TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
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shivkumar Senior Member Joined: 02/Oct/2007 Location: India Online Status: Offline Posts: 2037	Posted: 23/Sep/2008 at 6:59pm
	when gas supplies run out in 12-15 years time, retail and SEZs will bring in the moolah for RIL.
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CHINKI Senior Member Joined: 07/Feb/2007 Location: India Online Status: Offline Posts: 2827	Posted: 23/Sep/2008 at 7:04pm
	That's true Shiv. Infact their inefficiency, bad planning or mis management in any of the ventures will be taken care by the Petroleum & Petro-Chemicals Industries.
	TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
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CHINKI Senior Member Joined: 07/Feb/2007 Location: India Online Status: Offline Posts: 2827	Posted: 11/Jan/2009 at 10:32am
	Reliance Retail plans private label sale to kirana stores They have already removed lot of people from Reliance Retail. If they don't get succeed in this, some more staff may be asked to leave. As per the reliable sources around 25% have been already given pink slips.
	TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
	IP Logged


CHINKI Senior Member Joined: 07/Feb/2007 Location: India Online Status: Offline Posts: 2827	Posted: 01/Feb/2009 at 9:52am
	Till day, they were busy in forming/announcing new ventures for everything available/possible in the market. Now it is the reverse mode season, punching EXIT (BYE, BYE)BUTTON. Reliance exits cash & carry biz
	TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
	IP Logged

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