BUSINESS REVIEW
Retail

Number of stores opened over the last two years

~ 10 a day

Presence in towns and cities

6,600+

Reliance Retail operates

10,415

stores

MAJOR PRODUCTS AND BRANDS

IN-STORE BRANDS

STORE AND SERVICE CONCEPTS

EXCLUSIVE PARTNERSHIPS

VISION & MISSION

VISION
To be the most admired and successful organised retail company in India that enhances the quality of life of every Indian

MISSION

  • Provide millions of customers with unlimited choice, outstanding value proposition, superior quality and unmatched experience across the full spectrum of products and services
  • Serve the entire spectrum of Indian society i.e., from households, kiranas and traders, to small and medium enterprises and large corporations
  • Reach the length and breadth of the country through our physical and digital distribution platforms
  • Enable the choice, opportunity and livelihood of our supplier ecosystem consisting of producers, farmers, artisans, craftsmen and manufacturers
  • Generate direct and indirect employment opportunities with skill transformation and talent development on an unprecedented scale
MEGATRENDS

1 Integrating Value Chain Connecting suppliers, small and large, to B2B and B2C customers through a pan-India ecosystem

2 Digitisation Connecting physical and digital spaces, with endless aisle kiosks and multiple payment modes with real-time analytics support

3 Bridging Urban-Rural Divide Bringing quality products at affordable prices to smaller tier cities, meeting demand gap and offering employment

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STRENGTHS

Diversified Portfolio of Stores across Various Consumption baskets Leadership in key consumption basket

Adaptive / Responsive Maintaining market leadership

Serving the Underserved Markets Expanding at the rate of 4 stores every day for the last 5 years

Customer-focussed Robust Ecosystem Providing unlimited choice, superior value proposition, and quality and unmatched experience across all retail stores

Partner of Choice Largest portfolio of international retail brands in India

Multi-channel Strategy Integrated ‘offline-online’ models

SOCIETAL VALUES (UN SDGs) ILLUSTRATION

Decent Work and economic growth


Action
Providing employment to people with minimum education (10th or 12th standard), giving them the opportunity to advance their education, and providing extensive functional and behavioural training

Scale of Impact: Reliance Retail currently employs nearly 46,000 people with this qualification.


Outcome
Balanced workplace with equal
opportunity at every level, inclusive
growth, career progression and economic
advancement of employees.

Gender
equality


Action
Specific focus on gender sensitisation programmes for male staff, ensured high levels of awareness on Prevention of Sexual Harassment (POSH) at workplace, opened 6 Reliance SMART stores and 1 Reliance Digital store run completely by women employees

Scale of Impact: As of March 31, 2019 22% of Reliance Retail's pan-India workforce comprises of women.


Outcome
Equal opportunities to all individuals and fairness in all employee-related policies.

Responsible consumption and production


Action
Recycled plastic waste into objects such as spectacles, park benches and fishing nets, and partnered with Tetra Pak to run a 'Go Green' initiative.

Scale of Impact: Integrating green practices in day-to-day operations.


Outcome
Sustainable growth through responsible business practices, ensuring societal values.

 

PERFORMANCE