Future Retail
Retail
Future Group in advance talks with RIL to sell stake in Future Retail, other units: Report
The Future Group is in advance talks with Mukesh Ambani's Reliance Industries to sell stakes in Future Retail and some other units, according to industry sources.
According to a PTI report: The Kishore Biyani-led group, which already has a partnership...
Retail
Future Retail to raise up to Rs 650 crore to reduce debt
Debt-ridden Future Retail on Wednesday said its board has approved raising up to Rs 650 crore by issuing non-convertible debentures (NCDs) to pare debt. The NCDs will be issued on private placement basis in one or more tranches, Future...
Retail Hub
SCAI presents SOPs and guidelines to Govt to reopen malls
On Wednesday, Shopping Centres Association of India (SCAI) presented SOPs and guidelines to the policy makers of ‘Empowered Group 6’ just before FM’s announcements
The group chaired by Amitabh Kant, CEO, Niti Aayog patiently heard and seemed convinced with the...
Food
Amazon, Future Group in talks over Future Retail stake sale
Kishore Biyani-led Future Group has started talks with Amazon for selling stake in Future Retail Ltd to the US-based e-commerce major, industry sources said. The two parties initiated talks earlier this week for a stake in Future Retail, they...
Retail
COVID-19 Crisis: How retailers can win consumers post lockdown
India is working hard towards flattening the coronavirus curve. Nonetheless, many sectors have been hit hard, among them hospitality, aviation and retail. As per an industry report, going ahead, the world economy is going to become a low-touch economy,...
Food
Lockdown: Retailers witness spike in sale of private labels as supply lines disrupted
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...
Retail
New coronavirus SOP to inflate retailers' cost up to 35 percent: Rakesh Biyani
The operating cost of retailers would increase by up to 35 percent after following the new standard operating protocol (SOP), which includes implementing social distancing and a token system at stores, introduced in the wake of coronavirus pandemic, Rakesh...
Food
Anticipated lockdown extension, adequate stock in place, say retailers
Retailers on Tuesday assured there is enough inventory to meet the demand during the extended lockdown period, stating they had stocked up in anticipation of such a move from the government to curb the spread of coronavirus pandemic.
According to...
Retail
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...
Food
Market Intelligence, Innovation, Self-Disruption and Localisation: Major trends in India’s food retail sector
At India’s largest food retail intelligence event, India Food Forum 2020, industry leaders from food retail and market research shared sharp insights on the Indian industry and presented ideas to drive its growth. India Food Forum 2020 began today...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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