Reliance Retail “Re-Pivots” To 30-Min Delivery Model: CFO

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SUMMARY

Reliance Retail CFO said that the company is looking to ramp up its hyperlocal deliveries using its existing store network, and supplement it with dark stores when required

Taluja said that the company’s hyperlocal delivery stores, on a standalone basis, were witnessing “double digits like for like growths for (the) last several quarters”

The Reliance Retail CFO also said that the retail major was not seeing any “impact” due to quick commerce platforms “either in metro…



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Reliance Retail “Re-Pivots” To 30-Min Delivery Model: CFO


SUMMARY

Reliance Retail CFO said that the company is looking to ramp up its hyperlocal deliveries using its existing store network, and supplement it with dark stores when required

Taluja said that the company’s hyperlocal delivery stores, on a standalone basis, were witnessing “double digits like for like growths for (the) last several quarters”

The Reliance Retail CFO also said that the retail major was not seeing any “impact” due to quick commerce platforms “either in metro…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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