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Future Group to open 10,000 member-only Easyday stores; eyes Rs 1.5 trillion opportunity by 2022

Leading retail chain Future Group plans to open 10,000 member-only Easyday stores to make it a Rs 1.5-trillion business opportunity by 2022. According to a PTI report; The retail chain has unveiled a 30-year vision, Retail 3.0, by when it...

Food CEOs interact with PM; appreciate GST, FDI liberalisation

Various CEOs of global food processing and related companies on Friday interacted with Prime Minister Narendra Modi and appreciated the government's structural reforms and initiatives like GST and the liberalization of the FDI regime in India. An official statement said...

Future Lifestyle Fashion Q2 net rises 3.23 pc to Rs 30.28 crore

Future Lifestyle Fashion Ltd (FLFL), part of Kishore Biyani-led Future Group, has reported a 3.23 per cent increase in consolidated net profit at Rs 30.28 crore for the quarter ending September 30. The company had posted a net profit of...

Why supermarkets are on a shopping spree

The recent acquisition of the Hypercity brand by Kishore Biyani’s Future Group is one of the many instances highlighting a key ongoing trend in the retail industry - cross-category consolidation. Retailers are increasingly exiting businesses that drag down their...

Innovation: Bigbazaar.com introduces pre-book feature this Diwali

Big Bazaar, India’s leading hypermarket chain for the 1st time introduces ‘pre-booking’ during its festive Diwali offers! It’s a limited period pre-booking window which allows users to pre-book Redmi4 and Redmi Note4 for just Rs 1,001 and other product...

How Future Retail expanded its Indian grocery footprint under Kishore Biyani

Future Retail is making a habit of taking over regional retail brands to strengthen its store network in India and to expand its grocery retail footprint in the country. Last year, it acquired Heritage Fresh’s retail stores. The two companies...

Skechers to launch apparel collection in India next year; to open 500 new stores

American footwear major Skechers is looking at opening up to 400 more exclusive outlets in India within five years as it expands operations as well as launches apparel and accessories collection in the country. It operates 100 exclusive outlets in the country that are company-owned as...

Big Bazaar to launch 100 stores in next 12 months

Future Group's hypermarket chain Big Bazaar is planning to launch around 100 stores in the next 12 months across the country under its expansion plan, a senior official of Big Bazaar today said. "Altogether, we have 300 stores in over...

Convergence enters Indian retail space as offline online retailers swap positions: India Retail Report 2017-18

Convergence is name of the game in the Indian retail arena with e-commerce companies with online presence increasingly opting for offline or brick-and-mortar presence while brick-and-mortar retailers opting for online presence as part of functioning as an Omnichannel brand. According...

Shapewear major Swee eyes Rs 30 crore turnover in 3 years

Swee Shapewears, a comfortable and instant slimming solution for women with different body types, is making waves in the Indian lingeriewear segment by creating perfect hourglass figures. The brand has designed three collections of wardrobe essentials that offer appropriate compression...
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Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates

The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players.New Delhi: The...
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