Uncertainty over RIL retail plans in north, east

NEW DELHI: Uncertainty prevails on the rollout of Reliance group’s retail venture, particularly in the northern and eastern region, amid reports that the company has decided to delay opening of its outlets.

When queried over reports that Reliance Retail Ltd has decided to hold back opening new Reliance Fresh stores in the backdrop of the Uttar Pradesh government’s decision to close outlets of all big corporates, a company spokesperson declined to comment.

Reliance Retail CEO Raghu Pillai, who was quoted in media as saying the company wanted assurances on safety of its employees and properties before opening any new store, could not be contacted.