Big Bazaar
Retail
Stake sale, Future's asset acquisition to boost RIL retail: Fitch
IANS -
Reliance Industries' plan to sell a stake in its retail subsidiary at an equity valuation of Rs 4.21 trillion and its proposed acquisition of Future Group's retail business will solidify the company's position in India's organised retail market and...
Retail
Future Retail logs Q4 net loss of Rs 477.63 crore
Future Retail Ltd (FRL) reported a consolidated net loss of Rs 477.63 crore for the quarter ended March 2020.
According to a PTI report: The company, which owns brands like Big Bazaar, fbb, Foodhall, Easyday and Nilgiris, had posted a...
Retail
Battle of mergers and consolidations intensify in India’s retail market
The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth rate (CAGR) of 10.7 percent between 2020-2023. Following the acquisition of Flipkart by Walmart in 2018, the fast-growing and lucrative...
Retail
Kishore Biyani, a pioneer of Indian retail, man who took convenience shopping to the masses
Kishore Biyani, popularly known as KB among colleagues and considered as the pioneer of modern retail in India taking convenience shopping to the masses, is finally bowing to the winds of change blowing across the sector, giving the control...
Retail
Future Retail explores, evaluates various opportunities for stake sale
Future Retail, responding to reports of talks to sell a stake in the firm to Reliance Industries Ltd (RIL), on Thursday said it continues to explore and evaluate various opportunities.
According to a PTI report: Responding to the BSE over...
Food
Momentum in online, app-based sales to stay for retailers
Many large brick-and-mortar retail chains that switched to online during the lockdown have reported spike in sales from digital channels, and expect the momentum to continue as consumers prefer to order digitally despite restrictions are being eased.
According to a...
Research
Digital influence on Indian urban consumers rises up to 70 pc: Report
Digital influence on urban consumers has increased by 70 percent for mobiles, around 60 percent for apparel, and up to 25 percent for the non-food consumer packaged goods categories due to COVID-19-induced changes, new reports from Facebook India and...
Retail
Future Group in advance talks with RIL to sell stake in Future Retail, other units: Report
The Future Group is in advance talks with Mukesh Ambani's Reliance Industries to sell stakes in Future Retail and some other units, according to industry sources.
According to a PTI report: The Kishore Biyani-led group, which already has a partnership...
Retail
Future Retail to raise up to Rs 650 crore to reduce debt
Debt-ridden Future Retail on Wednesday said its board has approved raising up to Rs 650 crore by issuing non-convertible debentures (NCDs) to pare debt. The NCDs will be issued on private placement basis in one or more tranches, Future...
Food
Amazon, Future Group in talks over Future Retail stake sale
Kishore Biyani-led Future Group has started talks with Amazon for selling stake in Future Retail Ltd to the US-based e-commerce major, industry sources said. The two parties initiated talks earlier this week for a stake in Future Retail, they...
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Reid & Taylor is now at Ghatkopar, Mumbai
The CEO had announced in his earlier LinkedIn post that the brand plans to open 7 stores in Mumbai...
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