|
Reliance Retail
Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs. it has over 245,000 employees at 18,000 store locations in 7,000 List of districts in India, towns. the company is valued at $100 billion. History Reliance Retail was established in 2006 as a wholly-owned subsidiary of Reliance Industries, with chairman Mukesh Ambani announcing an investment of up to for the new venture at Reliance's 32nd annual general meeting in June 2006. The first set of convenience stores under the name Reliance Fresh were inaugurated in Hyderabad in November 2006. This was followed by entry into consumer electronics via Reliance Digital, hypermarkets under Reliance Mart, apparel with Reliance Trends, jewellery via Reliance Jewels, and footwear through R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Convenience Store
A convenience store, convenience shop, bakkal, bodega, corner store, corner shop, superette or mini-mart is a small retail store that stocks a range of everyday items such as convenience food, groceries, beverages, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores (such as off-licences in the UK) are licensed to sell alcoholic drinks, although many other jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. Opus cards in Montreal, Canada, or include a small deli. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient (hence their common name) supplement to larger stores. A con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soft-launched
A soft launch, also known as a soft opening, is a preview release of a product or service to a limited audience prior to the general public. Soft-launching a product is sometimes used to gather data or customer feedback, prior to making it widely available during an official release or grand opening. A company may also choose a soft launch to test the functionality of a product, allowing adjustments to be made before a wider release and marketing efforts are implemented. Computer-related When implementing a soft launch strategy, a company releases a product with little or no marketing. A soft launch permits a company to react to customer demands quickly and effectively, introducing new features which will ultimately make the product successful. For companies with a limited budget, a soft launch can allow them to focus on product development rather than marketing. Websites Soft launches can be used with websites to help roll out new features, test or tweak a design (or possible ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hamleys
Hamleys of London Limited, trading as Hamleys, is a British multinational toy retailer, owned by Reliance Retail. Listed in the ''Guinness Book of Records'' as the world's oldest toy store, it was founded by William Hamley as "Noah's Ark" in High Holborn, London, in 1760. It moved to its current site on Regent Street in London's West End in 1881. This flagship store is set over seven floors, with more than 50,000 lines of toys on sale. It receives around five million visitors each year. The chain has 11 outlets in the United Kingdom and also has more than 90 franchises worldwide. Hamleys became famous in the early Victorian era, with royalty among its customers. The store was granted its first royal warrant from Queen Mary in 1938. It held a royal warrant from Elizabeth II from 1955 to 2022 (her death). History Hamleys is the oldest and in 1994 was the largest toy shop in the world. It is named after William Hamley, who founded a toy shop called "Noah's Ark" at No. 231 High ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rebranded
Rebranding is a marketing strategy in which a new name, term, symbol, design, concept or combination thereof is created for an established brand with the intention of developing a new, differentiated identity in the minds of consumers, investors, Competition (economics), competitors, and other Stakeholder (corporate), stakeholders. Often, this involves radical changes to a brand's logo, name, legal names, image, marketing strategy, and advertising themes. Such changes typically aim to positioning (marketing), reposition the brand/company, occasionally to distance itself from negative connotations of the previous branding, or to move the brand Luxury goods, upmarket; they may also communicate a new message a new board of directors wishes to communicate. Rebranding can be applied to new products, mature products, or even products still in new product development, development. The process can occur through a change in marketing strategy or in various other situations such as Chapter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
E-commerce
E-commerce (electronic commerce) refers to commercial activities including the electronic buying or selling products and services which are conducted on online platforms or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is the largest sector of the electronics industry and is in turn driven by the technological advances of the semiconductor industry. Defining e-commerce The term was coined and first employed by Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transacti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discount Store
Discount stores offer a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress for Less, Marshalls, TJ Maxx, and Burlington. Category killers So-called category killer stores, specialize i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Animal Rights Movement
The animal rights movement, sometimes called the animal liberation, animal personhood, or animal advocacy movement, is a social movement that advocates an end to the rigid moral and legal distinction drawn between human and non-human animals, an end to the status of animals as property, and an end to their use in the research, food, clothing, and entertainment industries. The argument from marginal cases is often used in animal rights advocacy which asserts that if certain humans with limited cognitive capacities are granted moral consideration, then non-human animals, who may possess different forms of intelligence or sentience, should also be afforded similar negative rights and moral consideration. Terms and factions All animal liberationists believe that the individual interests of non-human animals deserve recognition and protection, but the movement can be split into two broad camps. Animal rights advocates believe that these basic interests confer moral rights of some ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-vegetarian Food In India
Non-vegetarian food (in Indian English sometimes shortened to non-veg food) contains meat (red meat, poultry, seafood, or the flesh of any other animal), and sometimes, eggs. The term is common in India, but not usual elsewhere. In the generally vegetarian environment of India, restaurants offering meat and fish usually have a "non-vegetarian" section of their menu, and may include the term (typically as "Veg and Non-veg") in their name-boards and advertising. When describing people, non-vegetarians eat meat and/or eggs, as opposed to vegetarians. But in India, consumption of dairy foods is usual for both groups. Non-vegetarianism is the majority human diet in the world (including India). Non-vegetarians are also called omnivores in nutritional science. First known use of the term According to the Online Etymology Dictionary, the word 'vegetarian' might have started to be used irregularly around 1839. The word came into general usage after the formation of the Vegetarian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cash And Carry
Cash and carry (or inspect and pay) is a type of operation within the wholesale sector. Overview The main features of cash and carry are summarized best by the following definitions: *Cash and carry is a form of trade in which goods are sold from a wholesale warehouse operated either on a self-service basis or on the basis of samples (with the customer selecting from specimen articles using a manual or computerized ordering system but not serving themselves) or a combination of the two. *Customers (retailers, professional users, caterers, institutional buyers, etc.) settle the invoice on the spot in cash and carry the goods away themselves. *There are significant differences between "classical" sales at the wholesale stage and the cash and carry wholesaler: namely, ''cash and carry'' customers arrange the transport of the goods themselves and pay for the goods on the spot, rather than on credit. *Access to purchase at a cash and carry is typically limited to operators of bona f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marks & Spencer
Marks and Spencer plc (commonly abbreviated to M&S and colloquially known as Marks & Sparks or simply Marks) is a major British multinational retailer based in London, England, that specialises in selling clothing, beauty products, home products and food products. It is listed on the London Stock Exchange (LSE) and is a constituent of the FTSE 100 Index. M&S was founded in 1884 by Michael Marks and Thomas Spencer (businessman), Thomas Spencer in Leeds. Through its television advertising it asserts the exclusive nature and luxury of its food and beverages. It also offers an online food delivery service through a joint venture with Ocado. In 1980, M&S became the first British supermarket chain to sell packaged sandwiches. In 1998, M&S became the first British retailer to make a pre-tax profit of over £1 billion, although it then went into a sudden slump taking the company and its stakeholders by surprise. In November 2008 the company began to sell branded goods such as Kel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
