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Reliance retail second fastest growing retailer

May 10, 2021

Reliance retail second fastest growing retailer

Tycoon Mukesh Ambani’s Reliance Retail Ltd has been ranked second fastest growing retailer on the planet in the 2021 positioning of worldwide retail power houses by Deloitte, down from high level got the earlier years.

It has been positioned 53rd in the rundown of Global Powers of Retailing, improvement from 56th earlier, as per the Deloitte report.

The rundown is topped by US giant Walmart Inc, which holds its situation as world’s top retailer. Amazon.com Inc improved its situation to rank second. Costco Wholesale Corporation of US slipped a position to be set third followed by Schwarz Group of Germany.

The best 10 has seven US retailers and one from the UK (Tesco PLC at tenth position). Other US retailers in the main 10 incorporate The Kroger Co (positioned fifth), Walgreens Boots Alliance, Inc (sixth) and CVS Health Corporation (positioned ninth). Germany’s Aldi Einkauf GmbH and Co. oHG and Aldi International Services GmbH and Co. oHG is set at eighth position.

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