Reliance Retail launches style & life-style chain Reliance Centro
NEW DELHI : Reliance Retail on Tuesday introduced the launch of its style and life-style departmental retailer format, Reliance Centro. The retailer opened its first Reliance Centro retailer in New Delhi’s Vasant Kunj.
“Reliance Centro is geared toward democratizing style in India, by strengthening its attain and join with shoppers in India – proper from classes like apparels, footwear, cosmetics, lingerie, sportswear to baggage and equipment with over 300 Indian and worldwide manufacturers,” the corporate stated in assertion saying the launch of the format.
Reliance Centro will cater to the mid-premium phase of consumers providing life-style classes.
“This 75,000 sq. ft. retailer, which is considered one of its form retailer on this area, is an entire departmental retailer with vary of over 300 manufacturers and greater than 20,000 model choices for your complete household,” the retailer stated.
The Centro chain of shops are opening rather than Future Group’s Central model that was a part of RIL’s deal to amass the Future’s retail belongings. In the meantime, the retailer additionally operates fashion-focussed retail chain beneath the Reliance Tendencies model.
Reliance Retail is quick increasing its footprint throughout the nation’s organized retail market including manufacturers throughout worth and premium phase.
Reliance Retail Restricted is a subsidiary of Reliance Retail Ventures Ltd, the holding firm of all of the retail firms beneath the RIL (Reliance Industries Restricted) group. RRVL reported a consolidated turnover of ₹199,704 crore and web revenue of ₹7,055 crore for the 12 months ended March 31, 2022.
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