Future Group- Udna hai. Aaj. Abhi

Future Group is one of India’s retail pioneers with multiple retail formats. They understand the soul of Indian consumers and connect a diverse and passionate community of Indian buyers, sellers and businesses.
  •  Kishore Biyani is the CEO and founder of India’s largest listed retail company Future Retail Ltd.
  • With more than over 17 million square feet of retail space they serve customers in more than 240 cities across the country.
  • Around 300 million customers walk into the stores each year and choose products and services supplied by over 30,000 small, medium and large entrepreneurs.
  • Their multi-format retail strategy captures almost the entire consumption basket of Indian customers.
  • Future Group’s strategy is aimed at achieving inclusive, sustained and profitable growth with three levers that is customer –orientation, continuous-innovation and collaborative transformation.
  • They have various brands under them like Big Bazaar, fbb, HomeTown, Ezone, Central, Brand Factory, Planet Sports, aLL and many more.
  • While retail forms the core business activity of Future Group, group subsidiaries are present in supply chain logistics, learning & development, brand development, retail media and future ideas.
  • Over the years Future group has partnered with a lot of brands to give consumers a variety of offers and discounts on its products.
  • Future group considers its ability to devise new retail formats and businesses and test their feasibility on ground as its key asset.
  • They also consider human resource as a very crucial part of the organization and thus provide timely training to their employees.
  • They promote ‘surrogate entrepreneurship’ wherein each individual in the company is motivated to bring in new ideas and changes that company seeks to implement.
  • Overcoming competition from global retail giants on one hand and an unorganized Indian retail community on the other has been a major challenge faced by Future group through the years.
However, with their ups and downs, they have still emerged as a very successful player in the Indian market.
Source: http://bit.ly/2FmJkvMhttp://bit.ly/2nh2so9

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