HyperCity Retail
Fashion & Lifestyle
Shoppers Stop bets big on Omnichannel strategy; aims to be debt-free by end FY2018-19
Brick-and-mortar retailer Shoppers Stop is betting big on an Omnichannel retail strategy -- a combination of physical stores and online site -- to grow its business and aims to be completely debt-free by the end of this fiscal.According to...
Retail
Future Retail Q4 loss at Rs 464 crore
Future Retail has reported a net loss of Rs 463.62 crore for the quarter ended March 31, 2018.According to a PTI report: The company had posted a net profit of Rs 123.05 crore in the same period a year...
Retail
Future Retail reports Q3 standalone net profit at Rs 183.14 cr
Future Retail has posted a standalone net profit of Rs 183.14 crore for the third quarter ended December 2017.According to a PTI report: The company had reported a net profit of Rs 101.05 crore in the October-December period of...
Retail
Top problems in modern retail in India that are crying for a solution in technology
At a high-level, all retailers today are looking for the best way for Omnichannel solutions – but what does that actually mean to the CIO or COO?At the India Omnichannel Forum 2017 – held on September 19th and 20th...
Food
Future Retail board approves Hypercity Retail deal
The board of Future Retail has approved the 'scheme of arrangement' with Shoppers Stop with regard to its Rs 655-crore acquisition of Hypercity Retail in a stock-and-cash deal.
According to a PTI report: In the meeting, the board of Future...
Retail
Shoppers Stop reports Q2 net loss of Rs 21.80 crore
Retail chain Shoppers Stop has reported a standalone net loss of Rs 21.80 crore for the second quarter ended September 30 on account of lower sales and exceptional loss.
According to a PTI report: The company had posted a net...
Food
Future Retail executes SPA for Hypercity Retail acquisition
Future Retail said it has executed share purchase agreement (SPA) with Shoppers Stop for its Rs 655 crore acquisition of Hypercity Retail in stock-and-cash deal.
According to a PTI report: Last week, Kishore Biyani-led Future Retail Ltd (FRL) had announced...
Food
The HyperCity Story: What Went Wrong
HyperCity, which had appointed Ramesh Menon as CEO last year has been for some time now, struggling to maintain its own in front of its bigger and more popular competition, Big Bazaar.
However, there was once a time when the...
Who’s Who
Ramesh Menon, CEO, HyperCity Retail
Ramesh Menon had been appointed Chief Executive Officer of HyperCity Retail in February 2016. Menon was earlier with Reliance Communications as National Head of Wireless (GSM) Operations.
Menon has over 25 years of cross cultural, general management, experience in multinationals...
Food
Watch Video: HyperCity's Ramesh Menon Speaks at IRF 2017 on Enhancing Consumer Experience
CEO, HyperCity Retail, Ramesh Menon on why experiential retail is gaining popularity and what steps the company should take to add to the overall experience of the consumers.
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Latest News
PayU gets RBI’s in-principle nod to operate as payment aggregator
PayU can now onboard new merchants to provide them digital payment servicesNew Delhi: Fintech firm PayU has received an...
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