Reliance Retail Ventures Ltd to scale online business this year

Reliance Retail Ventures Ltd (RRVL) will ‘rapidly’ scale its online business, expand dark stores and strengthen omni-channel capabilities, as the retailer expects these investments to translate into higher margins and earnings growth, a top company official said.

Outlining a three-year roadmap, Reliance Retail CFO Dinesh Taluja said the company will invest in the infrastructure of JioMart and omni-channel reach across platforms,