Billionaire Mukesh Ambani s Reliance Retail Ltd has been ranked second fastest growing retailer in the world in the 2021 ranking of global retail power houses by Deloitte, down from top rank secured the previous years. It has been ranked 53rd in the list of Global Powers of Retailing, improvement from 56th earlier, according to the Deloitte report. The list is topped by US giant Walmart Inc, which retains its position as world s top retailer. Amazon.com Inc improved its position to rank second. Costco Wholesale Corporation of US slipped a rank to be placed third followed by Schwarz Group of Germany.
Reliance Retail is second fastest growing retailer in the world
By IANS |
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New Delhi, May 9 : Reliance Retail ranks 53rd in the list of Global Powers of Retailing by Deloitte, improves from 56th earlier.
It remains the 2nd fastest growing retailer in the world despite the base effect of being No.1 last year.
Reliance Retail features consecutively for the 4th time in the list of Global Powers of Retailing and World s Fastest Retailers.
Reliance Retail, last year s Fastest 50 leader, dropped to second place. The company recorded YoY growth of 41.8%, driven primarily by a 13.1% increase in the number of stores in its consumer electronics, fashion and lifestyle and grocery retail chains, to 11,784 stores across 7,000 plus towns and cities in India at fiscal year end.
Reliance Retail 2nd fastest growing retailer in world
Updated:
Updated:
May 09, 2021 13:03 IST
The top 10 has seven US retailers and one from the UK (Tesco PLC at 10th position).
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It has been ranked 53rd in the list of Global Powers of Retailing, improvement from 56th earlier.
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The top 10 has seven US retailers and one from the UK (Tesco PLC at 10th position). Billionaire Mukesh Ambani s Reliance Retail Ltd has been ranked second fastest growing retailer in the world in the 2021 ranking of global retail power houses by Deloitte, down from top rank secured the previous years.
Reliance Retail second fastest growing retailer in world
PTI
New Delhi |
Updated on
May 09, 2021
It is the only Indian entry in the global list of 250 retailers Billionaire Mukesh Ambani s Reliance Retail Ltd has been ranked second fastest growing retailer in the world in the 2021 ranking of global retail power houses by Deloitte, down from top rank secured the previous years.
It has been ranked 53rd in the list of Global Powers of Retailing, improvement from 56th earlier, according to the Deloitte report.
The list is topped by US giant Walmart Inc, which retains its position as world s top retailer. Amazon.com Inc improved its position to rank second. Costco Wholesale Corporation of US slipped a rank to be placed third followed by Schwarz Group of Germany.