easyday

Food

Future Retail Q3 revenue down 71% to Rs 1,506.87 crore

Indiaretailing Bureau -
Future Retail Ltd has reported a consolidated net loss of Rs 846.92 crore for the third quarter ended on December 2020 as business operations continued to be impacted by the pandemic during the quarter. The company had posted a net...
Retail

Future Retail logs Q1 net loss of Rs 562 crore

Indiaretailing Bureau -
Future Retail Ltd on Monday reported a consolidated net loss of Rs 561.95 crore for the first quarter ended June 2020. According to a report: The company had posted a net profit of Rs 159.24 crore in the April-June quarter...
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

Indiaretailing Bureau -
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

Kishore Biyani, a pioneer of Indian retail, man who took convenience shopping to the masses

Indiaretailing Bureau -
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...
Food

Lockdown 2.0: Consumers’ focus shifts to packaged, high-value food items

Indiaretailing Bureau -
The second phase of the coronavirus lockdown saw a considerable shift in buying patterns of consumers from basic necessities to high-value items like snacks, processed food, packaged meat and frozen desserts, retailers said. According to a PTI report: Retailers such...
Retail

Lockdown 3.0: More shops expected to re-open but confusion reigns, say retailers

Indiaretailing Bureau -
Retailers and traders expect to re-open more shops from Monday under the new relaxed guidelines by the government for the extended lockdown period till May 17, although they are still seeking clarity from local authorities. According to a PTI report:...
Food

Lockdown: Retailers witness spike in sale of private labels as supply lines disrupted

Indiaretailing Bureau -
Leading retailers Future Retail, Walmart and Metro Cash & Carry have witnessed a spike in their private labels as supply lines from other manufacturers are disrupted amid the lockdown. The retailers said their in-house brands in essential categories such...
Food

Retailers say enough stock if there is no panic buying; put restrictions on purchase quantity

Indiaretailing Bureau -
Retailers on Wednesday said there is enough stock of essential items and groceries if people do not resort to panic buying, while some organised players put caps on items that a consumer can purchase during the lockdown. According to a...
Food

Big Bazaar enters doorstep delivery space as biggies log out

IANS -
As the online delivery space shrunk with Flipkart, Amazon, Bigbasket and Grofers suspending or curtailing operations amid the 21-day lockdown, supermarket chain Big Bazaar has entered the fray, with launching doorstep delivery services in major cities like Delhi, Mumbai,...
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Beauty & WellnessAnagha R Ratna -

Marie Claire Salon opens new outlet in Bengaluru

The store is situated at Mantri Square Mall, Malleshwaram, Bengaluru Bengaluru: French salon chain Marie Claire Salon has launched its new...
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