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Future Retail explores merger options with HyperCity Retail

Kishore Biyani-led Future Retail is in talks with HyperCity Retail, part of the K Raheja Corp Group, for a possible merger between the two. According to a PTI report: "All discussions at this stage are exploratory in nature. The company...

The changing retail landscape of East India

Smoothly riding the crest of Eastern India’s aspiration wave and changing shopping trends in the metros, Tier II and III cities of the region have driven the conventional trader-run stores to morph into more organized, large-format retail outlets. And,...

Future Group to increase penetration of smaller format retail stores in Tier II, III cities

Future Group is looking to increase the penetration of its smaller format retail stores in Tier II and III cities in a bid to source about 65 per cent of total sales from its private labels in the next...

Top 5 retail digital marketing strategies

It’s no hidden fact. Despite all efforts, the retail industry constantly struggles to keep pace with what exactly it is that their consumers want. Expectations are temperamental and becoming increasingly difficult to live up to. One conceivable way that can...

Future Group launches a premium gourmet gifting brand, Gruezi

Future Consumer Limited the food and FMCG arm of Future Group launches a premium gourmet gifting brand, Gruezi, in partnership with Chocolat Frey AG headquartered in Switzerland. Chocolat Frey AG is one of the world’s most premium chocolate manufacturer and...

Baba Ramdev to launch 'swadeshi' clothing brand; eyes Rs 5,000 cr from apparel sector

Yoga Guru Baba Ramdev is coming to beckon you with his company's stylish 'Swadeshi' apparel. According to a ANI report: After successfully establishing its footprint in the food, healthcare, toiletries and cosmetics divisions; Baba Ramdev's Patanjali Ayurved Ltd. is all...

Devendra Chawla joins Walmart India as COO

Walmart India has roped in former CEO of Future Consumer Devendra Chawla as its Chief Operating Officer, a source close to the company told PTI. According to a PTI report: Chawla, who had last week quit from Future Consumer --...

Funding and investments in Indian fashion

The fashion and lifestyle sector in India has shaped up rather well since the turn of the new millennium. People today are as fashion-conscious as any celeb or a socialite, and this has resulted in increased fashion spending across...

Future Group's Devendra Chawla quits

Future Consumer, a part of Kishore Biyani-led Future Group, on Thursday said its CEO Devendra Chawla has resigned from the company. According to a PTI report: “Devendra Chawla, the chief executive officer of the company has tendered his resignation from...

Future Retail resolves margin issues with companies including HUL

Future Retail has resolved the margins issue with almost 80 per cent of its suppliers, including FMCG major HUL, under the new GST regime. According to a PTI report: The companies have agreed to pass on the pre GST margins...
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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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