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Reopening 'Future' stores a work in progress for Reliance Retail

A source said there was a possibility that Reliance may trim the sizes of some of its stores and may also look at shutting down some locations

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In February, Future Group had said it received termination notices for a significant number of stores

Sharleen D’Souza Mumbai
Reliance Retail is still in the process of opening the stores it took over from Future Group towards the end of February. In all, it had taken control of 947 stores of Future Group, and planned to open them within 45 days. While some stores are functioning under the banner of Smart Bazaar -- a grocery retail outlet of Reliance Retail -- others remain shut as Reliance Retail is yet to take a call on their business viability.

According to various sources in the know, Reliance Retail has taken stock of the Future Group stores and is in the process of