Page 18 - Future Group

Future Group eyes $1-trn revenue by 2047; gets Facebook, Google on board

This plan includes opening 10,000 member-only Easyday stores to make it a Rs 1.5 lakh cr business opportunity

Future Group aims to open 10,000 Easyday stores by 2022

At present, the group's businesses include Big Bazaar, Food Bazaar, lifestyle stores like Brand Factory, and Central

Future Group plans expansion by 2022 using Google, Facebook technology

Future Group said it aims to attract 2,000 customers to each of the stores

Fashion business revenue to touch Rs 12,000 cr in FY18: Future Group CEO

Rs 3,500 cr will come from revenues of Central -lifestyle departmental store owned by group

Kishore Biyani's Brand Factory speeds down the discount trail

Future Group's fashion discount chain plans to ramp up store count and sales figures

Kishore Biyani inks a JV with Oman company

After Tata led Trent, Kishore Biyani's Future Group is foraying into overseas markets.Future group today signed a joint venture with Oman based Khimji Ramdas LLC (KR) to set up FBB stores in Middle East, starting with Oman.FBB stores sell apparel and other fashion merchandise.The JV will open four or five FBB stores and 17 to 18 stores in the region, Kishore Biyani, group CEO at Future Group said today.The newly set up JV company will be called 'KR Future Fashions LLC' and have an initial investment of Rs 75 crore each.Future group is expecting a business of Rs 11000 crore to Rs 12,000 crore from its domestic apparel business this year.The Future is also planning to extend this partnership to retail food and FMCG products in Middle East.Biyani said : "This strategic partnership is a step towards making Fbb a global fashion brand. We are optimistic that the combination of our fashion know how and KR's local in-market expertise will get us closer to our goal of getting fbb to the helm ..

Future Group launches consumer lab; sets up Rs 100-cr accelerator fund

Kishore Biyani led Future Group today announced the launch of Future C&D Lab in Bangalore that fosusses on the consumer and digital space to bring in next generation innovations using artificial intelligence, big data analytics, blockchains, internet of things, robotics and allied technologies. The Lab brings together multiple teams and companies that are working on these areas, housed in a common, collaborative space set up by Future Group in Bangalore. These teams and companies have a ready access to test, experiment and prototype their technologies across Future Group's brand and retail platforms that serve over a million customers everyday. Vivek Biyani, director, Future Group is leading this initiative. The research and development activities will be supported through a Rs 100 crore accelerator fund that will be set up to fund the operations, technology development and IPR creation by the teams working at The Lab. Future Group founder Kishore Biyani said, "The Future C&D .

With Rs 100-cr fund, Future Group to set up C&D lab for GeNext technology

The Kishore Biyani-led Future Group today announced setting up of Future C&D (consumer and digital) Lab in Bengaluru backed by a Rs 100-crore Accelerator Fund. "Future C&D will focus on the consumer and digital space to bring in next generation innovations using artificial intelligence, Big Data analytics, Blockchains, Internet of Things, robotics and allied technologies," Future Group said in a statement. The research and development activities will be supported through a Rs 100-crore Accelerator Fund that will be set up to fund the operations, technology development and IPR creation by the teams working at the Lab. Future Group founder and CEO Kishore Biyani said: "The Future C&D Lab is aimed at co-creating next generation technologies for the consumer space in India. We are creating an open environment of collaboration and co-creation with some of the best young Indian minds who are working with new technologies to create solutions that can impact the retail and ...

Future group fashion business to grow by 30%: Biyani

The group has brands like FBB, Planet Sports, All, Brand Factory and Central

Future-ready partnerships

The recent tie-ups of FCL are at the core of its goals to turn it into a Rs 20,000-crore biz by 2021

Future Group stocks in focus; Future Retail hits 52-week high

Future Enterprises, Future Market Networks, Future Retail, Future Lifestyle and Future Consumer were up over 3% in intra-day trade.

Future Group bets on organic food, inks pact with Tilda Hain

FCL is the food and FMCG arm of Future Group, Tilda Hain India is a part of the Hain Celestial Group

With Booker, Biyani adds last piece to retail jigsaw

Entry into cash and carry with UK's Booker group will allow him to take his food & FMCG products beyond his own retail stores

Future Group acquires AP CM Chandrababu Naidu's Heritage retail businesses

With this deal, Heritage will leverage the strength of Future to expand the market for its dairy products across India

Industry veteran Milind Sarawate to join Future Group board

Sarwate set up a limited liability partnership firm- Increate Value Advisors- on March 29, 2015

Future Group steps up food & FMCG play

In its most ambitious launch yet in food and fast moving consumer goods (FMCG), Future Group has launched its oats brand Kosh on Monday, positioning it as a third grain and saying it should generate a Rs 200 crore revenue in two years.Kosh will be the second product from the group's food and FMCG stable which would available in traditional trade in addition to Future Group's own stores."So far, we have launched 21 products in food and FMCG and Kosh is one more in the list," said Kishore Biyani, chief executive officer, Future Group. "People are looking at tasty and healthier options when it comes to food and we believe Kosh addresses it. While we are conservative as far as our (revenue) targets for this brand go, we believe it has the potential to grow and should be a significant contributor to our food & FMCG business by 2021."The group's food & FMCG division Future Consumer, is eyeing a 10-fold growth in five years. The plan is to take the top line to Rs 20,000 crore by 2021

For Biyani, small is beautiful

Future group is planning to have 3,000 more such stores in the next 5 years

Future Group to log out of online venture

Soaring costs prompt decision to shut Big Bazaar Direct

Reported Aditya Birla Retail, Future Group merger is win-win for both

The deal will Help Birla exit loss making retailer, while allowing Biyani to grow stronger in the retail business

Future Group turns to e-tailers for shoppers

The group says its hypermarket chain Big Bazaar has tied up with Snapdeal