Future Group news

29 March 2019
First phase of launch announced; CEO for joint venture appointed. Eight 7-Eleven stores to open in Mumbai After signing a master franchise agreement with 7-Eleven last month , Future Group announced that it will open eight 7-Eleven stores in Mumbai as an initial phase. In addition, the Group shared that it is exploring two different retail formats of the chain. The Group is experime...
11 March 2019
Future Retail announces expansion plans for Big Bazaar. 25 stores targeted for eastern India Future Retail has announced plans to spend INR200 crore (US$28.6m) to boost its store network in the eastern region of the country. The retailer is aiming to open 25 new stores from April, operating under the Big Bazaar banner. Of these 25 new stores, at least seven of them will be located in Kol...
01 March 2019
Seven & i Holdings partners with Future Retail to develop and operate its iconic brand in the country. First stores expected this year 7-Eleven, the world’s largest convenience retailer, announced that it has signed a master franchise agreement with Future Retail to begin operations in the country. The deal looks set to benefit both parties as the Future Group gains access to global tech...
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...