Future Retail
Retail
Shoppers Stop may sell Hypercity to Future Retail for Rs 700 crore
Raheja Group’s multi-brand fashion retailer Shoppers Stop Ltd on Saturday announced selling 5 per cent of its equity share (43.96 lakh shares) of Rs 5 face value to e-tail giant Amazon.com at Rs 407.78 per share, aggregating to Rs...
Food
Future Retail explores merger options with HyperCity Retail
Kishore Biyani-led Future Retail is in talks with HyperCity Retail, part of the K Raheja Corp Group, for a possible merger between the two.
According to a PTI report: "All discussions at this stage are exploratory in nature. The company...
Food
Future Group to increase penetration of smaller format retail stores in Tier II, III cities
Future Group is looking to increase the penetration of its smaller format retail stores in Tier II and III cities in a bid to source about 65 per cent of total sales from its private labels in the next...
Food
Future Retail resolves margin issues with companies including HUL
Future Retail has resolved the margins issue with almost 80 per cent of its suppliers, including FMCG major HUL, under the new GST regime.
According to a PTI report: The companies have agreed to pass on the pre GST margins...
Fashion & Lifestyle
Ahead of GST rollout, retailers dole out massive discounts
India will adopt its most comprehensive indirect tax reform, the Goods and Services Tax (GST) - on July 1, 2017. GST will help remove tax barriers between states, creating a single market. The roll-out will replace a plethora of...
Retail
Future Retail focuses on 'no disruption' in supply chain in GST
IANS -
Weeks before Goods and Services Tax (GST) rolls out, Future Retail has been working with vendors and its partners to ensure no disruption in supply chain in the indirect tax regime, a top company official said on Tuesday.
"We are...
Food
Future Retail to open new distribution centres to save cost, ensure faster delivery
Future Retail is looking at opening new distribution centres to ensure that products reach its stores faster and help save on costs through greater efficiency in view of the implementation of Goods and Services Tax from July 1.
GST addresses...
Food
Future Retail eyes aggressive expansion; to open 4,000 neighbourhood stores
Kishore Biyani's Future Retail is looking at aggressive expansion of its neighbourhood stores Easy Day and Heritage Fresh to 4,000 stores in three to five years.
According to a PTI report: Future Retail operates 538 Easy Day and Heritage Fresh...
Retail
Future Retail reports 15 pc increase in Q4 profit
Future Retail has reported a 15 per cent increase in net profit at Rs 120.6 crore for the three month period ended March 31.
The company had posted a profit of Rs 104.6 crore in the same period a year...
Fashion & Lifestyle
Watch Video: Success mantra of Future Group's Cover Story
Kishore Biyani-led Future Retail launched fast fashion brand Cover Story in April 2016 with an aim to take international brands like Zara and H&M head on.
Before setting up the EBOs, the brand was only available in a dozen shop-in-shop...
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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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