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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...

From Kiranas to Corporates: The evolution of modern retail in India

Food & FMCG products in India were typically retailed in small individually or family-owned and operated stores located in villages, city neighborhoods, and large urban markets. Grocery stores (called Kirana stores locally) account for the bulk of food retail...

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...

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...

Phygital is the future: Kishore Biyani

Future Group founder Kishore Biyani on Thursday said brick-and-mortar stores and digital retail have their own sets of advantages as well as challenges, and bringing in a hybrid model of 'phygital' can help businesses perform better. Biyani, in a fireside...

Retail Innovations: Taking customer experience one notch higher

Incorporating innovation that is both interactive and engaging has changed the dynamics of retail. Today, introducing innovation in day-to-day operations is not just about enhancing business functions, it is about providing an incomparable shopping experience as well.To reshape the...

Packaging Innovation: Future Consumer Ltd introduces braille friendly products on World Braille Day

Future Consumer Limited (FCL) has launched braille friendly packaging for their body wash brand, ThinkSkin with Ajay Kumar Reddy, Captain of Indian Men’s Blind Cricket Team on World Braille Day.Priced at the rate of a soap, ThinkSkin is a...

Outstanding retail brands honoured at IMAGES South India Retail Awards 2018

South has given India and the world at large many visionaries, business leaders and great entrepreneurs. South India has been a vibrant marketplace pretty much initiating the genesis of modern retailing in India. Businesses based out of South India...
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Korean skincare brand Skin1004 enters India with Tira

The products will be available for purchase online through the Tira app and at  select Tira stores Bengaluru: Korean skincare brand...
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