Reliance Retail opens thirty Metro stores in Q1, total count crosses 200

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Reliance Retail opens thirty Metro stores in Q1, total count crosses 200 - Business Standard

Quick Summary:

"Grocery New Commerce business continued to expand its kirana partner base as Metro format scaled with 30 new store openings taking the count to over 200 stores with presence across 180+ cities," according to the earnings statement from Reliance Industries.

The country's leading retailer Reliance Retail has added 30 new stores of Metro in the June quarter, taking the total count of the Cash & Carry outlets to over 200.

Metro stores come under the grocery division of Reliance Retail Ventures Ltd (RRVL), which delivered another quarter of "steady growth", led by expansion in Tier-2 and beyond cities.