Reliance Retail plans to 3,000-4,000 stores in 3-4 yrs

Reliance Retail plans to 3,000-4,000 stores in 3-4 yrs

Mumbai: Reliance Retail, part of Mukesh Ambani’s Reliance Industries group, plans to add 3,000-4,000 stores across all retail formats over 3-4 years, a official said on Tuesday.

The firm currently has 1,000 retail stores across all formats.

“This will be part of $6 bln in investment that we had announced in 2006 for our retail plans," said Bijou Kurien, president and chief executive lifestyle at Reliance Retail.

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