Organized retail in Uttar Pradesh witnessed a setback as Reliance has to close its Fresh outlets in Lucknow, Ghaziabad and Noida.
The retailing giant - Reliance Retail - has announced the termination of services of about 850 odd employees and has hinted at winding up operations in the state.
One of its top executives was quoted to have said something to the effect that there was no sense in staying invested if they are not allowed to open the stores.
One strange phenomenon that I have witnessed in the entire episode is that a major chunk of the protests against the organized retail has been targetted at Reliance Retail and its outlets.
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