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2.1 lakh Big Bazaar women appeal to PM Modi to save their livelihoods

 The ‘Women of Big Bazaar SOS (save our Sustenance)’, the composite group of women who work for Future Group, today came together and appealed most ardently and in a very impassioned manner to the Prime Minister Narendra Modi, for...

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

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...

Vineet Jain, Chief Operating Officer, V-Mart Retail Ltd

Vineet Jain is responsible for driving company’s mission and strategy.He is a seasoned and versatile management professional with 24+ years of diversified rich experience mainly in heading Hypermarket, Supermarket Operations and Fashion Business, last few of which he has...

State-of-the-art shopping malls are redefining retail in Rajasthan

Rajasthan is fast emerging as ‘the’ new retail destination of the new decade and much of the credit for this goes to a plethora of modern shopping malls which are coming up in the region. The state, which is...

Future Retail logs Q1 net loss of Rs 562 crore

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...

Stake sale, Future's asset acquisition to boost RIL retail: Fitch

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...

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...

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...

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...

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...
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Wooden Street turns 9

Omnichannel furniture retailer Wooden Street is celebrating completing nine years with a special sale campaign offering 75% discount on...
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