Reliance Retail launches new departmental store format Centro
As per media reports, Reliance Retail announced the launch of its fashion & lifestyle departmental store Reliance Centro in Vasant Kunj, Delhi. Reliance Centro’s core offerings are curated to make it a one-stop fashion destination for its mid-premium segment customers.
The 75,000 sq ft store is the first Reliance Centro outlet, offering a range of over 300 brands and around 20,000 style options. The store offers categories including apparel, footwear, cosmetics, lingerie, sportswear to luggage and accessories with over 300 Indian and International brands. Foray into the large format departmental store segment is expected to diversify its presence across varied store formats and augment the revenue growth for the company as the company scales up the departmental store format over the medium to longer term.