User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: Big Bazaar
Last updated: Nov 21 2017 23:01 IST RSS 2.0
 
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Future Group aims to open 10,000 EasyDay stores by 2022 21.11.2017 News
At present, the group's businesses include Big Bazaar, Food Bazaar, lifestyle stores like Brand Factory, and Central
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357 cases booked against malls, restaurants 28.10.2017 Hindu: Home
The business establishments were fleecing consumers in name of GST
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Consumer electronics sales sparkle this Diwali 17.10.2017 DNA: Top News
Despite holding pre- and post goods and services tax (GST) stock clearance sales, manufacturers and retailers of consumer electronics are looking at a healthy double-digit growth this festive season. Consumer buying sentiments in the pre-Diwali season, industry players said have been encouraging and taking into account the consumer turnout in the last few days, the expected business growth is anywhere between 15% and 30%. Amit Gujral, chief marketing officer, LG India, said GST has not changed any consumer behaviour and has had no impact on festive sales as far as LG is concerned. "Festivities started with Onam down South and LG witnessed 30% growth in business followed by another 27% growth over last year due to festivals like Ganeshotsav, Navratri, Durga Pooja, Dussehra. We are certain the festivities ongoing shall have continued buying behaviour from consumers and we are hoping to garner double digits growth as compared to previous years," he said. Echoing the sentiments, Rishi Suri, director - ...
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A case of ambush marketing 9.10.2017 Business Standard: News Now
The fear is the offer will incentivise shoppers to move from offline to online
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Big Retailers like ITC, Nestle & Coca-Cola cry foul over Amazon’s ‘ambush’ 9.10.2017 ET: Retailing
“We will not allow ambush marketing at any cost,” said Kishore Biyani, founder of Future Group, the country’s largest brick-and-mortar retail network.
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Future set to up fashion quotient of HyperCity 7.10.2017 Latest News
After rebranding HyperCity stores as Big Bazaar Gen NXT, Future would set up FBB (earlier called Fashion at Big Bazaar) inside the stores
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Shoppers Stop, Future shares rise on deal 6.10.2017 Hindu: Home
‘Hypercity to spur Future’s expansion’
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Kishore Biyani snaps up K Rahejas Group's loss-making Hypercity for Rs 655 crore 5.10.2017 ET: Retailing
The deal will give the Future Retail's flagship retail chain Big Bazaar access to a premium brand and great locations in main metros.
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Kishore Biyani to buy HyperCity for Rs 911 crore 5.10.2017 Latest News
The takeover value of Rs 911 crore includes Rs 655 crore of stock and cash, remaining being debt
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Future Retail set to acquire HyperCity for Rs 700 crore 5.10.2017 ET: Retailing
As part of a strategy to more than treble its revenue to Rs 75,000 crore to Rs 1 lakh crore by 2021, the Future Group has also been aggressively adding stores.
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How Kishore Biyani got back his magic touch 14.9.2017 Rediff: Business
From the stock perspective, though, even as all the 10 analysts polled by Bloomberg have a 'buy' recommendation on FRL, their target price of Rs 535 suggest most of the positives are already priced in.
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Investors cheer as Kishore Biyani gets mojo back 13.9.2017 All Markets Stories
The image of Kishore Biyani, the poster boy for retailing, took a hit when he had to sell his Pantaloon Retail flagship to the Aditya Birla Group in May 2012, to prune debt. With Biyani fighting back, things have changed. The stock of his flagship, Future Retail (FRL), has risen 317 per cent in 2017 so far, to Rs 536 on the BSE. This is the most among retailing companies, indicating Biyani has got back his magic touch as his company adopts an asset-light model. In fact, the share prices of most of his Future Group companies have increased sharply in 2017, by 200-345 per cent. Avenue Supermarts (the D-Mart chain) listed in March and has risen 264.7 per cent to Rs 1,090, from its issue price of Rs 299 a share. FRL, which operates Big Bazaar, Easy Day, fbb, Foodhall and eZone, is now in talks to acquire the Shoppers Stop-backed HyperCity. This could be the third major acquisition by FRL in about two years. It acquired Easy Day small stores from Bharti Retail in May 2015 and the retailing
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Kishore Biyani sets sights on HyperCity to build bigger bazaar in future 9.9.2017 ET: Retailing
HyperCity, which has big-box format stores at marquee locations in Mumbai as well as Hyderabad and Bengaluru, posted sales of Rs 1,077 crore in FY17.
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Future Group to focus on small stores to build brand presence 27.8.2017 ET: Retailing
Future Retail will open more Easyday stores across the country, and will also increase the number of Heritage and Nilgiri stores in the south, he added.
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India ahead of China on Retail Development Index in H1 FY17 17.8.2017 deccanherald.com
India has surpassed China in the global Retail Development Index in 2017, indicating growing prominence of the country as a preferred retail destination for global brands, says a report by real estate consulting firm CBRE South Asia. Seven new global brands entered the country during the first half of 2017 and investments into the segment touched USD 200 million, said the India Retail Market View Report. Besides, it added, international brands already present in the country also expanded their presence. Several hypermarkets, including Big Bazaar which opened new stores in Mumbai, Bengaluru and Chennai, expanded their presence, it said, adding that clothing retailers such as Max and Pantaloons were also active during the review period. "Our ranking on the 2017 Global Retail Index for developing countries, as well as continued investment by private equity players, is a demonstration of the sustained preference of international brands to set up, or expand their operations in India," CBRE Chairman, India and ...
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India surpasses China on Retail Development Index H1 FY2017 17.8.2017 All International Stories
7 new global brands entered the country, with existing international brands expanding their presence
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Biyani's Future Retail merges stores to boost throughput 12.8.2017 All Companies Stories
Firm has merged 69 shops of its electronics and durable chain Ezone into larger stores
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Amazon's grocery debut can crash into Kishore Biyani's brick-and-mortar challenge 8.8.2017 ET: Retailing
Amazon, the company that dominates online, will be up against a company which has turned online-skeptic and is building a huge brick-and mortar chain.
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Big Bazaar fined Rs 3 lakh for charging Rs 40 more than MRP of sesame oil bottle 14.7.2017 TOI: Ahmedabad Times
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Traders in a fix; consumers happy 4.7.2017 Hindu: News
Business owners struggle to figure out new tax regime
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