Reliance Retail has been consistently expanding at the rate of more than one store every day for the last five years. Reliance Retail achieved a turnover of Rs 69,198 crore in FY18, more than doubling from the turnover of Rs 33,765 crore achieved in the previous fiscal. The business delivered an Ebit of Rs 2,064 crore for FY18, more than doubling from Rs 784 crore achieved last year, the annual report indicated. During the year, Reliance Retail added 221 stores and 3,736 Jio Points. As on March 31, Reliance Retail operated 7,573 retail stores in over 4,400 cities covering an area of 17.7 million square feet. It operated 495 petro retail outlets. Signage companies engaging in in-store projects will get fresh business opportunity in such fresh development in the retail sector.
Reliance Retail adds over one store per day in last five years
- Post author:SignNews
- Post published:June 8, 2018
- Post category:New Business Opportunity
- Post comments:0 Comments
