Reliance Retail is in talks with global majors to roll out 3 new formats in the
lifestyle segment. The company is holding talks with several European and US retailers. Mr. Bijou Kurien said,
Announcements maybe made in the next few months. It will take a further 18-24 months to launch new store formats.
Reliance opened its
Timeout store in Gurgaon's Ambience Mall. This store is twice the size of
Bangalore's Reliance Timeout store and was the second in the series. The third store will open in Kochi and another 42 will roll out over India by 2010.
