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Kishore Biyani

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...

Future Group's Central looks at 40 per cent growth in 2017-18

Future Group has launched its first ever Next Generation Central brand at New Town in Rajarhat that promises to change the fashion benchmark of Kolkata forever. Central is looking at a 40 per cent business growth this year to take its...

The role of supply chain management in today's retail scenario

With the retail market growing vigorously, retailers across the nation are ideating on how to make the best of the opportunities at hand. Supply chain management plays a vital role in the entire process. We talked to the SCM...

Organised retailers work overtime to be GST-ready, expect it to be level-playing field

Organised retailers do not expect the Goods and Services Tax (GST) to impact their sales despite general fears that it could disrupt businesses, and hope to be fully ready for the uniform tax regime in the next few weeks. "As...

Future Retail eyes aggressive expansion; to open 4,000 neighbourhood stores

Kishore Biyani's Future Retail is looking at aggressive expansion of its neighbourhood stores Easy Day and Heritage Fresh to 4,000 stores in three to five years. According to a PTI report: Future Retail operates 538 Easy Day and Heritage Fresh...

Watch Video: Success mantra of Future Group's Cover Story

Kishore Biyani-led Future Retail launched fast fashion brand Cover Story in April 2016 with an aim to take international brands like Zara and H&M head on. Before setting up the EBOs, the brand was only available in a dozen shop-in-shop...

Gift cards serve as ‘unicorn growth’category in India with growth rate of 3x year-on-year

Qwikcilver, India’s Pioneering Enterprise SaaS Technology and end-to-end prepaid gift card solutions company, unveiled a whitepaper on the changing gifting dynamics driven by the rapid growth of gift cards and their increasing contribution to the Indian retail industry at...

Future Supply Chain Solutions Ltd. launches automated High Speed Cross Belt Sortation technology

Future Supply Chain Solutions Limited, India’s first fully integrated IT enabled end-to-end supply chain solutions, inaugurated India's most automated, High Speed Cross Belt Sortation Technology, at its Distribution Centre in Mihan, Nagpur. The technology was inaugurated by the Minister of...

Future Retail to focus on core format of small and big stores

Future Retail, which is demerging its home retail and e-commerce home retail businesses into a single entity -- Praxis Home Retail -- would concentrate on core format of small store and big store retail from now on. "This is demerger...
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New York-based fashion brand Waimea to expand offline in India

The retailer has already partnered with multi-brand outlet Tipsy Topsy and is currently in talks with other retailers including...
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