Kishore Biyani-led group has said that the present partnership is for distribution of Dole's packaged food in India; local manufacturing will follow
The CCI sought justification from Amazon on why it chose to file a Form I, the source added, which could potentially delay approval of the deal
Future Group payments affiliate LivQuik to launch foreign remittance services at stores
Future Retail said the management had given in-principle approval for the acquisition of the assets, adding it would be done in one or more tranches and after getting an independent valuation report
Brands such as Future Group, Spencer's Retail and several others, are banking on discounts and offers.
: Kerala Startup Mission (KSUM) has selected retail and fashion sector conglomerate Future Group as their market access partner to widen the horizons for startups in the state to grow and progress further. KSUM signed a Memorandum of Understanding (MoU) in this regard with Mumbai-headquartered Future Group on the sidelines of the concluding day of 'Huddle Kerala 2019', one of Asias largest congregations on startup ecosystem, at Kovalam here on Saturday. Dr Saji Gopinath, CEO, KSUM, and Saravana Mani, Head, Open Innovation, Future Group, signed the MoU in the presence of M Sivasankar IAS, Secretary, Electronics and IT, Government of Kerala, on the occasion. As per the MoU, KSUM will shortlist a curated list of 20 companies in a year which will be prospective clients for theFuture Group. KSUM will also provide a platform to the Future Group twice every year to speak about their business at the events organised or promoted by KSUM. FutureGroup will provide mentorship a
The parks would be developed to service the northern and central regions and would target the e-commerce sector
Same-store sales growth down to 2-7% in Q1, lower than 3-9% reported in Q4
FMCG product sales in the rural market in this quarter grew by a meagre 5.9%
The company is looking to extend short-term credit facility to customers through a 'digital' NBFC
Bengaluru, 31 July Future Group, on of the country's larhgest retailers, is to launch a new point-of-sale (PoS) system, with payments technology company LivQui. The latter, in turn, has partnered with US-based Poynt, an open commerce platform. The platform, based on Poynt's 'Smart Terminals', would be an Android-based operating system and have cloud-enabled management tools. "It provides an application eco-system that empowers merchants to grow their businesses with better inventory management, supply chain integration, and loyalty programmes. For consumers, it will provide a fast and secure checkout process, using their payment method of choice," the company said.According to sources, Future is trying to bring in a host of merchants, traders and shopkeepers, to counter Reliance Industries' (RIL's) integrated omni-channel retail plan, via Jio's e-commerce, which is to launch later this year. With over 10,000 stores under the various Reliance retail brands and 2.5 million kirana ...
Future Group did not respond to a Reuters e-mail and phone calls seeking comment
'We have made mistakes. We got into so many categories of business,' he said
Future Group, which had closed its online furniture store business FabFurnish, is preparing for a major push in the e-commerce space with Brand Factory
Affordability could be focus, with lunch and dinner meals priced as low as Rs 40
Future Group's Tathaastu model has helped it identify unmet consumer needs and unlock new markets
The focus will be the value-added segment, a market that has just been vacated by Danone
The retailer is piloting a delivery service that will cover all the three Future Group-owned convenience formats - Easyday, Nilgiris and Heritage
The Future Group company will initially pick 24.8% stake in Koovs for $7.6 million
Future Market Networks, Future Enterprises, Future Retail and Future Lifestyle were up in the range of 5% to 18% on the BSE.