Archive · 20 Nov 2025
Reliance Retail Hires Carrefour Veteran to Bolster Grocery Business
Reliance Retail, India's largest retailer, hired a French retail expert to improve its grocery business.
This person might replace the current head of the grocery division.
Reliance Retail has many types of grocery stores and competes with other big retailers in India.
They are getting ready for a big public offering (IPO) in a few years.
Reliance Retail hired Guillaume de Cologne, former Carrefour executive, to oversee its grocery business
Cologne is being groomed for a larger role, potentially succeeding Damodaran Mall, the current CEO of the grocery retail division
The move comes ahead of Reliance Retail's planned IPO in 2027 or 2028
Reliance Retail's grocery business operates under multiple formats like Reliance Smart, Reliance Smart Bazaar, Fresh Signature, Freshpik, Metro Cash & Carry, and JioMart
The company competes with DMart, Samara Capital-backed More Retail, Amazon, Spencer's Retail, and Lulu Hypermarket
- Who
- Reliance Retail, Guillaume de Cologne (former Carrefour executive), Damodaran Mall (current CEO of Reliance Retail's grocery division)
- What
- Hired Guillaume de Cologne to oversee and potentially lead Reliance Retail's grocery business
- When
- Earlier this year
- Where
- India
- Why
- To improve the grocery business and prepare for an IPO
Proponents of the Hiring
Skeptics of the Hiring
International Expertise
Proponents of the Hiring
Cologne's experience at Carrefour can bring innovative ideas to Reliance Retail's grocery business
Skeptics of the Hiring
India's retail market is unique and may not fully benefit from international retail strategies
- Current CEO of Grocery Division
- Damodaran Mall
- Reliance Retail's Grocery Business Formats
- Reliance Smart, Reliance Smart Bazaar, Fresh Signature, Freshpik, Metro Cash & Carry, JioMart
- Reliance Retail's Total Store Count (as of Sep 2025)
- 19,821 stores
- Reliance Retail's FY25 Revenue from Operations
- ₹2.91 trillion