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Why supermarkets are on a shopping spree

The recent acquisition of the Hypercity brand by Kishore Biyani’s Future Group is one of the many instances highlighting a key ongoing trend in the retail industry - cross-category consolidation. Retailers are increasingly exiting businesses that drag down their...

Future Group to give small town fair price shops a facelift

Even as Kishore Biyani’s Future Group gets ready to give a facelift to almost 5,000 traditional ration stores in Rajasthan by the end of September 2016 as part of a public-private experiment, India’s retail baron has already set sights...

Future Group acquires retail group chain Sangam Direct

Retail honcho, Kishore Biyani's Future Group has acquired retail group chain Sangam Direct  from Wadhawan Holding, a company owned by the promoters of Dewan Housing Finance Corp Ltd. To consolidate its position as the country's largest producer, Future Group is...

Mother Dairy eyes revenue jump with e-tailers tie-up

In order to tap the fast growing e-commerce business in the country, Mother Dairy has tied up with about 10 e-tailers to sell dairy products, fruits and vegetables, aiming to boost its revenue and farmers income. According to a PTI...

Wadhawan Retail appoints Ashok Bhasin as MD

Wadhawan Food Retail Pvt Ltd (WFRL), one of India’s leading retail companies, has announced the appointment of Ashok Bhasin as its new managing director for its entire business. According to an official release from the company, Bhasin will be taking...
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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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