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.
This story is from the December 10, 2017 edition of Dalal Street Investment Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 10, 2017 edition of Dalal Street Investment Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
