Girish Mahajan (Editor)

Reliance Fresh

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Division

Area served
  
93 cities in India

Founded
  
30 October 2006

Parent organization
  
Reliance Retail

Industry
  
Retail

Headquarters
  
Mumbai

Number of locations
  
700

Reliance Fresh httpswwwconsumercomplaintsinthumbphpbname

Website
  
www.reliancefreshdirect.com

CEO
  
Mukesh Ambani (30 Oct 2006–)

Motto
  
Growth Through Value Creation

Profiles

Reliance fresh ad


Reliance Fresh is the convenience store format which forms part of the retail business of Reliance Industries of India which is headed by Mukesh Ambani. Reliance plans to invest in excess of 250 billion in the next 4 years in their retail division. The company already has 1691 Reliance Fresh outlets across the country. These stores sell fresh fruits and vegetables, staples, groceries, fresh juice, bars and dairy products.

Contents

A typical Reliance Fresh store is approximately 3000–4000 square feet and caters to a catchment area of 2–3 km.

Reliance fresh


History

After launch, in a dramatic shift in its positioning and mainly due to the circumstances prevailing in Uttar Pradesh, West Bengal and Odisha, it was mentioned recently in news dailies that Reliance Retail is moving out of stocking fruits and vegetables. Reliance Retail has decided to minimise its exposure in the fruit and vegetable business.

The company may not stock fruit and vegetables in some states. Though Reliance Fresh is not exiting the fruit and vegetable business altogether, it has decided not to compete with local vendors partly due to political reasons, and partly due to its inability to create a robust supply chain. This is quite different from what the firm had originally planned.

When the first Reliance Fresh store opened in Hyderabad last October, not only did the company say the store’s main focus would be fresh produce like fruits and vegetables at a much lower price, but also spoke at length about its “farm-to-fork" theory. The idea the company spoke about was to source from farmers and sell directly to the consumer, removing middlemen out of the way.

Reliance Fresh, Reliance Mart, Reliance Digital, Reliance Trends, Reliance Footprint, Reliance Wellness, Reliance Jewels, Reliance Timeout and Reliance Super are various formats that Reliance has rolled out.

In addition, Reliance Retail has entered into an alliance with Apple for setting up a chain of Apple Specialty Stores branded as iStore, starting with Bangalore.

Controversy

In 2007 Reliance stores in Jharkhand faced the ire of mobs of local vegetable vendors. They vandalised and attacked the stores claiming that they were stealing their livelihoods.

In August 2007, Uttar Pradesh Chief Minister Mayawati ordered to close 10 new stores keeping view of Law & order situation. In November 2007, Reliance Fresh stores were attacked by Bharatiya Janshakti Party supporters headed by Uma Bharti.

References

Reliance Fresh Wikipedia