Future Retail news

14 March 2013
India's Future Group is developing a cash and carry format in partnership with Hong Kong's Li & Fung Group, the Economic Times reports. Launch expected in the next three months The companies are already in partnership in logistics and supply chain under the subsidiary Future Supply Chain Solutions. It is expected that Li & Fung will hold a 26% stake in their latest joint venture, though a ...
10 January 2013
The Future Group will build its store portfolio of three formats through franchising, local press reports outline. Increasing presence in urban convenience market The Group's KB's FairPrice convenience format will be a key area of growth for the Indian retailer in 2013. Through the franchise model the store portfolio will increase from 170 to 500 stores, the majority of which will be in Delhi...