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India's retail and logistics industry, organised and unorganized in combination, employs about 40 million Indians (3.3% of Indian population). [22] The typical Indian retail shops are very small. Over 19 million(as of 2020) [23] outlets operate in the country and only 4% of them being larger than 500 sq ft (46 m 2) in size. India has about 11 ...
In October 2021, the company partnered with 7-Eleven to franchise the latter's stores in India, opening India's first 7-Eleven in Mumbai. [28] In July 2022, Reliance Retail entered a similar franchising agreement with Gap to bring Gap to India. [29] In January 2022, Reliance Retail invested $200 million in Dunzo for a 25.8% stake. [30]
2016-17 – Aditya Birla Retail Ltd won the Retail Transformation and Reinvention award for "Retail Transformation and Re-Invention" [9] 2019 – WItzig Advisory acquired Aditya Birla Retail from Aditya Birla Retail Group and rebranded it as 'More Retail Pvt. Limited' [10] 2022 – More Retail has 900+ stores across India.
Companies are ordered by net income from retail operations in millions of US Dollars in FY 2020. [1] Carrefour S.A. was excluded from 2020's report at the company’s request. The list does not include Wakefern Food Corporation with revenue of US$16.3 billion in 2017. [2]
Reliance Smart Bazaar, formerly known as Big Bazaar, is an Indian retail chain of hypermarkets, discount department stores, and grocery stores.The retail chain was founded by Kishore Biyani under his parent organisation Future Group, [3] which is known for having a significant prominence in Indian retail and fashion sectors.
Trent Limited (portmanteau of Tata Retail Enterprise) is an Indian retail company, which is part of the Tata Group and based in Mumbai. Started in 1998, Trent owns and operates fashion and lifestyle retail formats such as Westside, Zudio and Utsa. The company also runs retail chains like Star Bazaar and Zara through joint ventures.
Saravana Stores, founded in 1969, is a chain of retail stores in India. It is the largest family owned business retail chain in India. [3] [4] It is the first store to introduce Aadi Thallupadi sale concept.
Many franchises are in fact joint-ventures, as at their forming the franchise law was not explicit. For example, McDonald's is a joint venture. Pizza Hut, TGIF, Wal-mart, Starbucks followed not long thereafter. But total franchising is only 3% of retail trade, which seeks foreign franchise growth.