IndiaRetailBiz

Kishore Biyani, Founder and CEO, Future group, is quite fond of number 30 or similarly sounding 13. He has set the group target of Rs 30,000 crore ($6.5 billion) in sales, from 30 million sq ft by 2013. Biyani revealed the agenda for growth of his group, while delivering the keynote address on 22nd October, [...]

Futurebrands, India’s first Brand IPR company with a portfolio of 20 brands across apparels, FMCG and home durables categories, is launching Mohena- a new brand in the lingerie and nightwear category. Futurebrands is a subsidiary of Pantaloon Retail ( India) Limited — a Kishore Biyani-led Future group company.
Mohena– the lingerie and nightwear brand– which has [...]

Consumers are returning to retail stores with a vengeance. Diwali, which this year was celebrated about a fortnight or so earlier than usual, brought cheer back to faces of harried retailers.
Compared to the boom year of 2007, which had seen a large number of serious and non-serious players entering the sector, the year 2008 turned [...]

Pantaloon Retail India, a Future group company, has grown at a much faster pace than some of its well known competitors. The credit for this in large measure goes to the vision of its founder and promoter Kishore Biyani, who is quick to acquire/ contract new space, and that too at lower rates, than its [...]

Pantaloon Retail (India), the flagship multi-product, multi-format retail company of Kishore Biyani-led Future group, is changing gears in terms of business strategy as it is now focusing more on profits than mere growth. This was amply reflected in the last quarter (Q4) results (period ending 30th June, 2009) of the company. These results are more [...]

Kishore Biyani-led Future group, which operates several multi-format, multi-product retail chains across consumer segments, is looking at sports business segment as one of the potential categories that can help shape its ambitious future growth plans. The group, as may be recalled, has recently announced its goal of achieving Rs 250 billion (Rs 25,000 crore) in [...]

Pantaloon Retail (India) Ltd., India’s largest retailer, which took a hit of 54 per cent in consolidated net profit over the previous year (consolidated net profit declining from Rs 219.3 million in FY 2007-08 to Rs 100.7 million in FY 2008-09), has in fact reported an increase of 11.59 per cent in its net profit [...]

Pantaloon Retail (I) Limited, the country’s largest listed retailer, part of Kishore Biyani-led Future group, posted 31 per cent growth in net sales for the Financial Year ended 30th June, 2009.
Net sales of the retailing company, which operates several multi-format retail chains across segments, for the year (2008-09) reached Rs 7,669 crore compared to Rs [...]

Kishore Biyani-led Future Group, which through its retail arm Pantaloon Retail is currently the country’s largest retailer, is looking at raising resources through various options, to fuel its growth ambitions.
Pantaloon Retail, which operates several multi-format, multi-products retail chains across segments, is expecting to achieve annual revenues of more than Rs 10,000 crore (over $2 billion) [...]

Kishore Biyani-led Future group, which for the two years has been tinkering with the idea of entering high growth telecom retailing big time, is expected to buy air time (mobile talk time) in bulk from large telecom service providers and sell the same to customers by offering SIM cards and recharge vouchers, across the country.
While, [...]