Reliance Retail not prepared for launch

Daily News & Analysis reports that, if sources are to be believed, all is not ready for the Reliance Retail launch and the company is having problems with training its staff and real estate problems, as realtors increased prices when they learnt that Reliance was looking for properties. Other systems such as IT or its supply chain are not in place either. The launch date of October 18th is said to be just a rumor started by the media. There is no official word on when the stores will be opening, by sources speculate that December is more likely.