Future Retail news

10 September 2018
Expansion plans across both small and large format stores. Stores in more than 100 cities across India Future Retail has announced its intention to boost its store network in the coming months. It plans to open 20 more Big Bazaar hypermarkets as well as an additional 100 small format stores. When completed, this will bring its total network to more than 300 Big Bazaar stores and 766 small f...
12 June 2018
Future Group has said home deliveries of dairy products will start in two weeks. Orders made through a mobile app In conjunction with plans to launch 1,000 outlets under the Easyday, Nilgiris and Heritage banners, Future Group has announced its intent to enter the home delivery segment. As a first step, milk, bread and eggs will be made available for home deliveries in the major metro citie...
30 May 2018
Plans to significantly expand store network as part of growth strategy. Small stores dotted across India India’s largest retailer, Future Group, has announced plans to expand its store network with the opening of 10,000 small stores across the country. Operating under the “Easyday” banner, these stores will be no more than 2,500 sq ft and will be based on a members-only format. The company ...
14 May 2018
Further consolidation in India grocery market seems likely. Largest listed retailer in India exploring options Future Group, led by CEO Mr. Kishore Biyani, is seeking collaborations and partnerships to enhance its market share. In a recent statement, Mr. Biyani said that India’s largest listed retailer may acquire an ecommerce platform or sell a minority stake to a “ strong global retailer ...
13 September 2017
Future Group is negotiating a deal to acquire large format retailer HyperCity, in an attempt to expand its presence across India. A deal is expected to be reached by the end of this month. Around 20 stores added to its network HyperCity operates around 20 hypermarkets in a number of different cities across India; Mumbai, Hyderabad, Bengaluru, Bhopal, Ludhiana, Amritsar, Jaipur, Pune, Ahmeda...
25 July 2017
Walmart India will appoint Devendra Chawla as its new Chief Operating Officer, from mid-August 2017. Wealth of experience... Chawla has previously worked at several well-known companies, including Reliance Retail, Coco-Cola and Asian Paints. Most recently, Chawla resigned as CEO of Future Group, having joined the company in 2009. He will report to Walmart India CEO Krish Iyer, and will mana...
26 May 2017
Future Group which operates Future Retail, a leading grocery retailer in India, plans to have 10,000 neighbourhood stores by 2021. Growing from a network of acquisitions Future Retail has 300 large and small format stores under Big Bazaar, Fashion at Big Bazaar and Food Bazaar. However, the growth of these will be limited to 400-450 in the next four years. After acquiring Easyday neighbourh...
24 April 2017
Private labels to generate higher margins The retailer plans to launch a new brand, category or product every two weeks. It is part of their strategy to establish itself as a standalone consumer goods company by 2021. "Our brands will be where the consumers are -modern trade, general trade or ecommerce -and we have got traction in a few channels already," said Devendra Chawla, chief executiv...
25 January 2017
India's largest grocery retailer has announced a major reshuffle of its senior managers, as it looks to treble its revenue by 2021. New positions in FMCG, supply chain and marketing As part of the restructure, Future Group has appointed a new CEO of its consumer goods function, CEO of its supply chain and logistics, and a new head of marketing: Devendra Chawla will become CEO of Futur...
16 November 2016
Leading UK food and grocery wholesaler Booker is to launch a joint-venture partnership with India's largest retailer, Future Consumer Ltd (the FMCG arm of the Future Group conglomerate), to drive the expansion of cash & carry wholesale formats in the Indian market.  The equal partnership between the two businesses will target the opening of 60-70 cash & carry depots in the next three years, build...