Future Group

Topics: Pantaloon Retail India, Retail companies of India, Shopping mall Pages: 3 (833 words) Published: July 8, 2013
About Future Group

Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of India¶s leading business houses with multiple businesses spanning across the consumption space. While retailforms the core business activity of Future Group, group subsidiaries are present in consumer finance, capital, insurance, leisure and entertainment, brand development, retail real estatedevelopment, retail media and logistics.Led by its flagship enterprise, Pantaloon Retail, the group operates over 16 million square feet of retail space in 73 cities and towns and 65 rural locations across India. Headquartered in Mumbai(Bombay), Pantaloon Retail employs around 30,000 people and is listed on the Indian stock exchanges. The company follows a multi-format retail strategy that captures almost the entireconsumption basket of Indian customers. In the lifestyle segment, the group operates Pantaloons,a fashion retail chain and Central, a chain of seamless malls. In the value segment, its marquee brand, Big Bazaar is a hypermarket format that combines the look, touch and feel of Indian bazaars with the choice and convenience of modern retail.In 2008, Big Bazaar opened its 100th store, marking the fastest ever organic expansion of ahypermarket. The first set of Big Bazaar stores opened in 2001 in Kolkata, Hyderabad andBangalore.The group¶s speciality retail formats include supermarket chain ± Food Bazaar, sportswear retailer - Planet Sports, electronics retailer - eZone, home improvement chain - Home Town andrural retail chain, Aadhaar, among others. It also operates popular shopping portal ± Future Capital Holdings, the group¶s financial arm provides investment advisory to assets worthover $1 Billion that are being invested in consumer brands and companies, real estate, hotels andlogistics. It also operates a consumer finance arm with branches in 150 locations.Other group companies include, Future Generali, the group¶s insurance venture in partnershipwith Italy¶s...
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