Reliance Retail to maintain focus on value stores

Reliance Retail to maintain focus on value stores
The Mukesh Ambani-controlled Reliance Retail Ltd will double its stores across all formats within the next five years. The company's joint venture — Marks & Spencer Reliance India Pvt. Ltd — is also planning to increase the network of ‘Marks & Spencer' stores from the existing 20 to 50 in three years.