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Future Retail Q3 net profit down 16.7 pc to Rs 164.56 cr

Kishore Biyani-led Future Retail Ltd on Thursday reported a 16.72 percent decline in consolidated net profit at Rs 164.56 crore for the third quarter ended December. The company had reported a net profit of Rs 197.60 crore in October-December...

Market Intelligence, Innovation, Self-Disruption and Localisation: Major trends in India’s food retail sector

At India’s largest food retail intelligence event, India Food Forum 2020, industry leaders from food retail and market research shared sharp insights on the Indian industry and presented ideas to drive its growth. India Food Forum 2020 began today...

East India: Evolving into a brand conscious, product savvy retail sector

The East Indian retail market has been on a growth trajectory since the evolution of new Millennials population. Analysts have attributed this upward swing to the evolving middle-class, rising disposable incomes and growing aspirations for improved living standards, especially...

Future Retail board approves raising funds up to US$500 million

Kishore Biyani-led Future Retail on Saturday said its board has approved raising of long-term funds up to US$ 500 million (around Rs 3,588 crore) for the acquisition of certain in-store infrastructure retail assets. "The board has reconsidered the various funding...

Future Retail’s Sabse Saste Din may debut on Amazon this year: Report

Amazon India is set to feature the online version of Future Retail’s ‘Sabse Saste Din’, including items from Big Bazaar and Food Bazaar, during the five to six-day Republic Day sale period, The Economic Times reported. To function via the Amazon.in...

How food retailers are building brand differentiation through their health and wellness programs

Health and wellness is alive and well at food retailers who are taking the lead in establishing their health and wellness programs. Many top retailers are deploying in-store dietitians to help shoppers make informed choices. Apart from rolling out...

Future Forecast: Retail industry expects growth in second half of 2020

As economic slowdown continues to hurt sales, the Indian retail industry expects to bounce back in the second half of 2020 on the back of consumer demand revival and increased spending according to a report in PTI.While major players struggled to keep themselves...

CEO Vision 2030: Innovation and sustainability is the key to success

The Indian Retail Industry is considered as one of the fastest developing sectors of the country as it continues to take giant steps towards becoming organised. The sector is rated as one of the pillars of the Indian economy...

Future Retail reports standalone net profit of Rs 203.17 crore in the March 2019 quarter

Future Retail has reported net profit at Rs 203.17 crore in the quarter ended March 2019 as against net loss of Rs 463.63 crore during the previous quarter ended March 2018.Sales rose 17.97 percent to Rs 5,396.60 crore in...

Future Retail raises Rs 2,000 crore through issue of warrants to promoter entity

Future Retail Tuesday said it has raised nearly Rs 2,000 crore through issue of warrants to its promoter group entity on a preferential basis, according to a PTI report."The committee of directors of the company has inter-alia considered and allotted...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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