MUMBAI: Private equity firm Samara Capital and US-based e-commerce giant Amazon.com-owned More Retail Ltd is operating almost 90% of its stores despite supply disruptions and labour unavailability, a senior executive at the firm told Mint. More Retail operates around 645 stores across India. Samara Capital and Amazon had bought the retail chain from Aditya Birla Group in 2018. "We are operating 90% of our stores in addition to 20 distribution centres that we have. He added that the retail industry has shown a high degree of nimbleness to adapt to the difficult operating environment.

Source: Mint April 02, 2020 04:18 UTC