Future Group to equip Central brand with six more stores
Presently, the company has installed its 33 mega stores in big cities such as Mumbai, Benagluru, Hyderabad, Pune and also in some small cities including Indore, Patna, Baroda and Surat.BY Indian Retailer Bureau | Sep 16, 2016 | comments ( 0 ) |
Future Group, led by Kishore Biyani, is aiming to shift gears for its Central brand. The group is planning to add six more mammoth stores under its Central brand by the end of this year. Currently, there are around 34 stores operating around the country and if group adds six more, it will take the total count to 40.
Apart from targeting big markets of Mumbai and Benagluru where the brand had already marked its presence, Future Group will be focusing on tier II & tier III cities as well. Confirming the news, Kishore Biyani, CEO, Future Group stated that the group is planning to have six more stores by the end of this year. It has plans to add 2.5 million square feet this year. We would continue to focus on tier I & II. Wherever there would be a suitable customer, we would be there.
Presently, the company has installed its 33 mega stores in big cities such as Mumbai, Benagluru, Hyderabad, Pune and also in some small cities including Indore, Patna, Baroda and Surat.
Elaborating further on the location of these stores, Biyani commented it all depends on the right property as it is a large format store and needs more space. Company recently launched its 34th store in Delhi , which is also its First Next Generation Central Store. The new store showcases around 500 brands and is located at aerocity.
Future Group, which owns several retail formats as Central, Brand Factory, Planet Sports, Big Bazaar, Easyday, Food Bazaar, Foodhall, HomeTown & Ezone, is adopting omni channel system by integrating online e-commerce with its traditional stores.
Group is working on this very rapidly. It has completed in Ezone and it is working on trial basis on other formats. It would be operational in all Big Bazaars in next six months, further commented Biyani.
- Executive Movement
Kishore Biyani resigns as
Future group chairman Kishore Biyani has stepped down from the post of Managing Director of Future
- In Store
Future Lifestyle partners
In order to track, measure and improve in-store customer experience, Central, the multi-brand
- Food & Grocery
Contract workers go on
Contract workers at Delhi factory of biscuits major Britannia Industries have gone on strike,
Playmart gears up to sell
Good news for sports enthusiasts, Playmart India has set up an online market place playmart.in for
Big Bazaar to connect the
"Kabaddi is a national sport and played by the masses particularly in rural India. So we came in
Easyday launches its
The store offers a wide variety of products ranging from grocery, home and personal Care, health and
- Food & Grocery
Big Bazaar to launch new
For the upcoming festival season, Kishore Biyani will be launching a new format of his Big Bazaar
Hokey Pokey Ice-creams
Hokey Pokey brand of ice-creams, run by Drums Food International, has managed to secure Rs. 5 crore
- Home Furnishing
Future Group plans to
The competition in furniture retailing is heating up and about three-fourth of the total pie is
Retail gains prominence:
A lot of action has been happening in the retail front this year leading some of the big retailers