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HyperCity Retail

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...

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...

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...

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...

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...

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...

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...

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...

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...
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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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