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Reliance Retail expands non-food and general merchandise trading area by 50% in grocery stores.
Reliance Retail, India's largest retailer, has increased the trading area for non-food and general merchandise in its grocery stores by nearly 50%.
This expansion aims to enhance profit margins and support its e-commerce platform, Jiomart, while addressing product gaps.
The company seeks to compete with quick-commerce platforms and expand into the premium market amid rising disposable income.
Reliance Retail operates 18,918 stores and reported a gross revenue of approximately $36.8 billion for FY24.
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Reliance Retail amplía el área de comercio de mercancías no alimentarias y generales en un 50% en las tiendas de comestibles.