Logistics & Retail

In its first outing abroad, Kishore Biyani’s retail giant Future Group has announced a joint venture with an Omani conglomerate, Khimji Ramdas LLC, to sell clothes and accessories through its ‘fbb’ outlets in West Asia. http://www.thehindubusinessline.com/companies/future-group-enters-joint-venture-to-open-fbb-stores-in-west-asia/article9701254.ece?ref=wl_news

Future Group said it had tied up with UAE’s Khimji Ramdas Group to sell garments in Oman, and eventually across the Gulf region, in its first international foray. The Indian consumer goods firm, which sells everything from electronic goods and groceries to fashion apparel, plans to initially open 4 to 5 stores in Oman, and […]

Multi-format grocery retail chain Star Bazaar, a Tata-Tesco initiative, plans to take its store count to over 65 stores by the end of this year, and 200 stores by 2020, a senior company executive said today. “We plan to scale up to over 65 stores by the end of this year, and touch 200 stores […]

Procter & Gamble (P&G), the world’s biggest consumer goods company, has tied up with Future Group for joint sales forecasting and planning, exclusive product releases and the companies will embed officials from each at the headquarters and be part of supplychain initiatives. The two companies have met nearly four times over the year in India […]

The Kishore Biyani-led Future Group has announced setting up of Future C&D (consumer and digital) Lab in Bengaluru backed by a Rs. 100-crore Accelerator Fund. “Future C&D Lab 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 […]

Dubai-based Landmark Group’s arm, Max Fashion will make an investment of Rs 400 crore in the next four years. The company will open new stores in tier-I and II cities. The fashion brand is looking at doubling its turnover to Rs 5,000 crore in four years by increasing its sales network to 400 stores in […]

Fabindia, the retailer of handmade garments, organic food and furnishings, is still in the process of removing the word ‘khadi’ from the price tags of products made of the hand-woven fabric, 18 months after receiving a notice for using the term without permission. The procedure is a huge task and is taking time, said a […]

Size of modern retail in India in the top six retail markets is set to double and reach Rs 1,718 billion by 2019, says a research report. As per the Knight Frank India and Retailers Association of India (RAI) third edition of ‘Think India. Think Connected Retail’ report, modern retail channel is projected to reach […]