JioMart Will Open 300-500 Small Grocery Stores: Order Products Online, Pick Them Up From These Small Stores!
Reliance Retail is aggressively ramping up a new network of grocery stores that will also be used for last-mile delivery of food and grocery as part of the Mumbai conglomerate’s ambitious omnichannel venture.
Mukesh Ambani-backed Reliance Jio’s dream to enter into E-commerce came true with the launch of a grocery delivery platform called JioMart.
So now to expand the business the company is aggressively adding a new network of grocery stores.
According to sources, they plan to open thousands of small outlets called Reliance Smart Points in various cities in neighborhoods as part of its omnichannel play, according to two people familiar with the development.
These Smart Points are expected to measure between 500 sq feet and 1,500 sq ft each.
Real estate agents informed that Reliance is scouting for thousands of locations in various cities.
According to one real estate agent, Reliance has mandated various property dealers to search 500 such small stores in north India in the next three to four months.
Sandip Ginodia , Director
ALTIUS INVESTECH PVT LTD
We deal in over 60 unlisted companies with 15 years of experience .
Email : ginodiasandip1@gmail.com
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