NEW DELHI: Mukesh Ambani's Reliance Retail
is converting some of its big hypermarkets into wholesale
cash-and-carry stores, in an apparent sign of modern retail's inability
to effectively take on neighbourhood stores in India.
The Reliance Mart hypermarket in Bhopal's Aashima Mall is currently under renovation and getting refitted to be reopened in February in a new avatar, as a cash-and-carry store.
This 44,000-sq-ft hypermarket is among Reliance's big-box stores, including one in Ludhiana and another in Aurangabad, that are being converted into cash-and-carry formats.
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The Reliance Mart hypermarket in Bhopal's Aashima Mall is currently under renovation and getting refitted to be reopened in February in a new avatar, as a cash-and-carry store.
This 44,000-sq-ft hypermarket is among Reliance's big-box stores, including one in Ludhiana and another in Aurangabad, that are being converted into cash-and-carry formats.
See More
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