Reliance Retail, the country's largest retailer, has increased the trading area for non-food and general merchandise by almost 50 per cent in its grocery stores in a bid to improve margins.
The move is also likely to bolster the retailer's hyperlocal aspirations through its ecommerce platform Jiomart, through which it is connecting its Smart and Smart Bazaar stores providing a wider variety to consumers, according to a senior industry executive.
As part of that Reliance Retail is now going for space revision at its stores, allocating higher trading areas for nonfood and general merchandise items, a segment which offers higher margins than other segments such as grocery and apparel.
The extended retail space would not only allow Reliance Retail to offer a complete range of products for a segment but also fill in the gaps in its offerings, the source said.
Denne historien er fra September 16, 2024-utgaven av The Free Press Journal.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra September 16, 2024-utgaven av The Free Press Journal.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
When Harassment Comes from Those We Trust
Recently, during a conversation with my four sisters about relatives and friends from our childhood, one of my sisters shocked us all.
Sports fraternity reacts
CHESS OLYMPIAD | Anand leads felicitations for Indian men's and women's team for their historic gold medal winning feat
Shlock wins Cat-2 boys title in IES tournament
Shlock Amberkar of CPV English Medium School won the Cat-2 Boys (V to VII Std) IES Badminton Tournament 2024-25 by defeating Shaurya Salunke of Manik Vidyamandir at the Central Railway Officer's Club, Matunga East on Friday.
Souvenir CC win Kanga League match
Souvenir cc won the Kanga League G Division match against Gamdevi Cricketers on the basis of first innings lead.
Narredu dynasty shines
Touch Of Grey wins in HPSL Indian St. Leger (Gr.1)
Bumrah. Pant's fitness and form crucial: Ian
Pace spearhead Jasprit Bumrah and flamboyant wicketkeeperbatter Rishabh Pant must remain injury-free and in top form if India are to achieve a historic hat-trick of series wins Down Under, said former Australia captain Ian Chappell.
India A win Duleep Trophy
Kotian, Krishna star in 132-run triumph over India C
ASHWIN SCALPS SIX IN HUGE WIN
Veteran Ravichandran off-spinner Ashwin's mastery over his craft, underlined by a six-wicket haul, proved too immense for Bangladesh as India cantered to a massive 280-run victory in the first Test with five sessions to spare, here on Sunday. Maintaining a clean slate against the Asian neighbours, India now lead the two-match series 1-0.
India retain team for 2nd Test in Kanpur
The national selectors on Sunday retained the Indian team, which hammered Bangladesh by 280 runs in the opening Test here, for the second and final match in Kanpur starting September 27.
‘Test cricket is where I belong the most’
Says Pant who was playing the first Test after recovering from injuries