Future Consumer Limited, the food and FMCG arm of Future Group has launched a premium gourmet gifting brand – Gruezi, in partnership with Switzerland based Chocolat Frey AG…READ MORE
KEEP READINGIn the last five years, many brands launched numerous product options in baked chips/snacks, low calorie biscuits, beverages, ice creams, etc. Most of these healthier foods have been “junked” by consumers. Sweets for diabetics sounds like an oxymoron and is one. Low or no sugar sweets have not been able to carve out a share till date, though some innovations have happened recently. In the meantime, hundreds of crores of marketing monies have gone down the drain. Ever wonder why?…READ MORE
KEEP READINGFuture Group’s joint venture with Khimji Group is the beginning of the company’s global journey, Kishore Biyani, CEO, of Future Group told ET Now today. He also talked about the group’s strategy and why it wants to go to the Middle East market…READ MORE
KEEP READINGIndia’s retailing pioneer is planning another first in an industry now spoilt for choice: Loyalty-driven convenience stores. The Future Group, which brought organised retailing to India, will open in the next four years about 10,000 convenience stores where member-shoppers will get more discounts than those offered by brick-and-mortar chains such as D’Mart, or online rivals Amazon and Flipkart, which recently entered groceries…READ MORE
KEEP READINGFuture Consumer (FCL) that sells its own brands of snacks, cookies and other packaged foods at its Big Bazaar and Easy Day stores, will harness the distribution muscle of the Indian unit of Japan’s Nissin Foods to reach out to buyers beyond the 800-odd own outlets that currently stock FCL products…READ MORE
KEEP READINGndia’s largest retailer Future Group has reassigned roles of its top executives and roped in a new marketing head to push critical businesses especially consumer and supply chain as part of a wider strategy to more than treble its revenues to Rs 75,000-1 lakh crore by 2021…READ MORE
KEEP READINGFuture Group would add six more larger format stores under its Central brand by the end of this year taking its total count to 40…READ MORE
KEEP READINGFuture Group is in advanced talks to acquire the retail business of Heritage Foods, a deal that would give Kishore Biyani sway over a network of more than 100 grocery outlets in Hyderabad, Chennai and Bengaluru, according to people aware of the development…READ MORE
KEEP READINGWhich is the most profitable retail chain in India? Answer: The defence canteen stores. Its earnings exceeded those of all other chains, including Future Retail and Reliance Retail. The Canteen Stores Department (CSD), which, incidentally, is a not-for-profit organisation, earned Rs 236 crore during FY14-15, according to a Right to Information query. Comparatively, Avenue Supermart, which runs D’Mart stores, made a profit of Rs 211crore that year, Future Retail made Rs 153 crore and Reliance Retail Rs 159 crore…READ MORE
KEEP READINGBharti Retail’s hypermarket stores Easyday have now become Big Bazaar outlets as the Future Group has completed their integration following the merger agreement in May last year…READ MORE
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