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Kishore Biyani

Looking Ahead: 2018, The Year of Omnichannel Retail

As we stand on the cusp of a new year, and we think back on the year that is gone, we realize that the predicted retail apocalypse never came. And we wonder why. Sure, at least a dozen international...

Future Group to be among top 10 global fashion companies by FY19: Kishore Biyani

Retail conglomerate Future Group, which owns fashion chains like Big Bazaar, Brand Factory and Central, will be among the top 10 global fashion companies selling about 35 crore garments by FY2019, group CEO Kishore Biyani said. According to a PTI...

Shoppers Stop transfers entire shareholding in Hypercity to Future Retail

Shoppers Stop said it has transferred its entire shareholding in subsidiary Hypercity to Kishore Biyani-led Future Retail Ltd. According to a PTI report: On November 14, the shareholders of K Raheja Corp Group firm Shoppers Stop had approved sale of...

Online retail sector has a threat from physical retail models: Kishore Biyani

Future Group CEO Kishore Biyani said the much-believed burgeoning online retail sector in India has a threat from physical retail models like Big Bazaar and Easyday, owing to low business share and high cost of business of the former. According...

PE exit the reason behind Future Supply Chain IPO: Kishore Biyani

The upcoming IPO of Future Supply Chain Solutions, which is expected the garner over Rs 700 crore, is primarily to give an exit to private equity firm Griffin Partners, Future Group Chairman Kishore Biyani said on Sunday. According to a...

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...

Shoppers Stop shareholders approve Hypercity's sale to Future Retail

K Raheja Corp Group firm Shoppers Stop said its shareholders have approved sale of its subsidiary Hypercity to Kishore Biyani-led Future Retail Ltd (FRL). According to a PTI report: The company has received 99.35 per cent votes in favour on...

Future Retail's profit zooms 108 percent

Future Retail on Tuesday said its standalone profit zoomed by 108.01 per cent to Rs 153.16 crore for the quarter that ended on September 30. The company's profit for the same period stood at Rs 73.63 crore during the last fiscal. The total income of...

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...
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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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