Future Retail Limited is an India-based retail FMCG major.
The Kishore Biyani-led company, which is primarily engaged in the multi-brand retail trade, provides a wide range of household and consumer products through departmental store facilities under several formats. Its retail formats mainly comprises of value business and home business. The company has access to about 20 compact hypermarket Easyday stores and over 210 supermarket Easyday stores. Its value business format includes Big Bazaar in hypermarket format; Food Bazaar, a supermarket; fbb, a fashion store; Foodhall, a supermarket; and Easyday convenient stores. In its home business format, the company operates Home Town, a store for all home improvement products; and eZone, the chain stores offering consumer durables and electronics.
The company has aggressively expanded its reach over time with lucrative mergers and acquisitions. The company has acquired Bharti Retail, South India-based convenience store chain Nilgiris and retail business of Heritage Food in the recent past. Post penetration into newer markets of over 240 cities in FY16, the company recorded further growth in FY17 through small format business through merger of retail business of Heritage Foods Limited through its subsidiary Heritage Foods Retail Limited. Heritage Foods, a leading brand in the southern India markets, has helped the company add over 136 stores and strengthen its presence in the small format business in the southern regions of India. The company also revamped its small format business in the northern region of India by renovating and increasing the efficiency of its Easyday stores and conversion of other smaller stores into Easyday stores.
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