Friday, February 8, 2008

Reliance Retail To Set Up More Format Stores

Mumbai: Reliance Retail is planning to put Rs 25,000 crore in the next two-three years for the complete roll out of its entire retail operations. The company plans to spruce up the number of various format stores across the country. Of the various format stores, Reliance Wellness, Reliance Super and Hypermart will see the maximum growth. Reliance Super, currently at two, aims to grow to 11 by the end of this year, Reliance Wellness (six) to 20 and Hypermart (two) to 30, the source said. The company plans to open four such stores in the National Capital Region (NCR) by the end of February. Reliance Wellness will provide pre-emptive, curative and health and beauty solutions and will also educate consumers on their health needs. The store will also provide free computerised eye-testing service. Apart from this, the store will showcase seminars, workshops and advisory camps on contemporary wellness issues like diabetes, hypertension, fitness, diet and nutrition, weight management and skin care.

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