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Bharti Retail

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...

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...

Future Retail posts standalone net profit of Rs 101.05 crore for Q3

Homegrown retail major Future Retail has posted standalone net profit of Rs 101.05 crore for the third quarter ended December 31. According to a PTI report: The company had posted a net profit of Rs 53.83 crore in the October-December...

Kishore Biyani steps down as MD Future Retail

Future Group Chairman, Kishore Biyani  has resigned from the post of Managing Director of Future Retail Ltd as part of realignment of the group’s business. Besides this, Rakesh Biyani has also resigned from the post of Joint Managing Director and...

THE BIG GET BIGGER

Generating critical mass with viable entities and eliminating non-core or under-performing business was prominent refrain in retail. Big-box retailers and online players focussed on their core business strengths and thereby scaled up efficiencies by either consolidating or/ and acquiring...

Why Malls In Future Will Have "Shopping Screens"

A leading retail innovation company launched an experiment to see how digital and brick-and-mortar shopping work together. It created what's called "Shopping Screens" inside a conventional high-street mall to test this new concept. The convergence of technology has thrown open...

Can the Internet of Things shake up retail?

With the marriage of smart devices, advanced connectivity, and e-commerce, smart retailers worldwide are adopting and embracing various technological breakthroughs that are gradually changing how businesses and consumers interact.While every retailer has a Point of Sale, in-store signage and...

Omaxe Connaught Place to feature speciality Chinese retail zone

Giving a strong thrust to Prime Minister Narendra Modi’s Make in India initiative and coinciding with his visit to China, a Chinese delegation comprising around 50 Chinese Investment and Manufacturing companies, visited Omaxe Connaught Place, Greater Noida on Friday....

Solemio and Fitz

Texperts offers the perfect blend of international textile marketing and sourcing solutions. It has given rise to remarkable brands like Solemio and Fitz. Solemio presents varied range of formal apparels for men that defines professionalism whereas Fitz is dedicated...

Metro Cash & Carry one of best employers in India: Survey

In the latest survey conducted by Great Place to Work Institute India in association with the Retailers Association of India, cash and carry major METRO has been ranked second, making it one of India’s best companies to work for. Known...
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Latest News

Honasa Consumer posts Q4 profit at Rs 30.47 cr, sales up 21.5% at Rs 471 cr

Its revenue from operations grew 21.46% to Rs 471.09 crore in the fourth quarter of this fiscal. It was...
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