Page 17 - Future Group

Poor consumer confidence hits rural FMCG demand; sales growth drag

FMCG product sales in the rural market in this quarter grew by a meagre 5.9%

Buy now, pay later at Kishore Biyani's Future Group retail outlets

The company is looking to extend short-term credit facility to customers through a 'digital' NBFC

Future Group to launch new PoS system with payment tech firm LivQuik

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 ...

DRI arrests top executive at Future Group over unpaid customs duties

Future Group did not respond to a Reuters e-mail and phone calls seeking comment

Future Group's too many diversification was a mistake: Kishore Biyani

'We have made mistakes. We got into so many categories of business,' he said

Future Group eyes online sales of Rs 1,000-cr this fiscal via Brand Factory

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

Future Group bets big on food delivery business, to invest Rs 1,000 crore

Affordability could be focus, with lunch and dinner meals priced as low as Rs 40

Blending tech with brick and mortar: Future Group's formula to grow sales

Future Group's Tathaastu model has helped it identify unmet consumer needs and unlock new markets

Future Group, Fonterra drawing up plans to enter India's dairy market

The focus will be the value-added segment, a market that has just been vacated by Danone

Future Group testing a door-step delivery service in a bid to secure market

The retailer is piloting a delivery service that will cover all the three Future Group-owned convenience formats - Easyday, Nilgiris and Heritage

Kishore Biyani's Future Lifestyle to buy 30% stake in e-tailer Koovs

The Future Group company will initially pick 24.8% stake in Koovs for $7.6 million

Future group shares in focus; Future Consumer surges 9%

Future Market Networks, Future Enterprises, Future Retail and Future Lifestyle were up in the range of 5% to 18% on the BSE.

Future Group continues to be official partner of IPL for next 3 years

Future Group came on board as the official partner for IPL in 2017

Future Consumer is focusing more on home, personal care with 'smart' brands

Home and personal care makes up about 15% of FCL's portfolio, with staples being the biggest contributor to its business

Future Group acquires Snapdeal's logistic arm Vulcan Express for Rs 350 mn

Future Group operates over 22 million square feet of retail space in 255 cities pan-India

Future Group may buy Snapdeal's logistics arm for Rs 500 mn: Sources

According to one source, the deal is expected to close in next few weeks and may include transfer of Vulcan's workforce to Future Group as part of the deal

Future Group taps start-ups to unlock consumer data

Move part of its aim to increase customer spends

Future Supply Chain IPO opens on Dec 6, price band at Rs 655-660 per share

Most of the proceeds from the issue will go to the Griffin while the rest to the promoter group, Mayur Toshniwal

Private equity exit the reason behind Future Supply Chain IPO: Biyani

Griffin Partners had recently also sold about 5% stake in FSCSL to two entities of financial services firm Edelweiss

Future Group shares gain on expansion plans

Future Retail, Future Lifestyle, Future Consumer, Future Market and Future Enterprises have rallied up to 11% in intra-day trade.