Future Retail

East India, one of the most conservative markets of India till a decade ago, is breaking shackles across all retail platforms today. Despite being home to a very dense population, the Eastern part of the country missed several glorious...

Future Retail said Monday it has reappointed Kishore Biyani as its Managing Director and Rakesh Biyani as its Joint Managing Director for three years.According to a PTI report: The company's board in a meeting on Monday 'considered and approved...

Future Retail would spend Rs 150-200 crore a year for expansion of Big Bazaar stores in the eastern region, a company official said Saturday.According to a PTI report: The company would open around 25 such stores from April this...

7-Eleven, the world's largest convenience retailer, Thursday signed a master franchise agreement with India's retail major Future Retail to foray into the Indian market.The agreement is to develop and operate 7-Eleven stores within India."The first 7-Eleven convenience store in...

To honour innovative retail concepts and creative food retailers, food & grocery retail professionals IMAGES Group presented awards on February 05, 2019 on Day 1 of India Food Forum 2019.Here is the list of awardees:IMAGES Most Admired Food &...

The food and beverage industry in India is currently on the verge of momentous trends that are both transformative and disruptive. The most pronounced of these trends is buoyant growth of the consumer packaged goods (CPG) industry over the...

Online retailer Amazon is in advanced stage of talks to buy around 9.5 percent stake in Kishore Biyani-led Future Retail, according to sources close to PTI.According to a PTI report: A final shape to an agreement between the two...

Future Retail Ltd (FRL) Wednesday reported 14.32 percent increase in standalone net profit at Rs 175.1 crore for the second quarter ended September 30, 2018.According to a PTI report: The company had reported a net profit of Rs 153.16...

As the retail industry story unfolds in India, new strategies come to the fore. Recent news of Amazon acquiring a stake in Future Retail is an indication that the strategy will be differentiated given the nature of the market...

Kishore Biyani-led Future Retail posted a 3.56 percent rise in net profit at Rs 153.12 crore for the quarter ended June 30, 2018, against a net profit of Rs 147.85 crore in the same period a year ago.According to...