Future Retail
India's retail sector is expected to touch US$ 1.5 trillion by 2030 from US$ 0.8 trillion in 2020.
Future Retail Limited (FRL) is an India-based company, engaged in the business of retailing a range of household and consumer products through departmental store facilities under various formats. The company is primarily engaged in the business of multi-brand retail trade. The company has access to approximately 20 compact hypermarket easyday stores and over 210 supermarket easyday stores. Its retail formats primarily consist of value business and home business. In its value business, the company operates across formats like Big Bazaar, a hypermarket; Food Bazaar, a supermarket; FBB, a fashion destination; Food Hall, a supermarket, and Easyday convenient stores. In its home business, the company operates Hometown, a one-shop destination for home improvement, and eZone, a consumer durable and electronics chain.
Company Website: www.futureretail.in
Future Retail
| 2021 | In April 2021, the company announced expansion of services in the e-commerce sector with online deliveries from its main retail stores within two hours. |
| 2020 | Reliance Retail Ventures Limited acquired Future Retail Limited. Big Bazaar launched mobile site, Shop.BigBazaar.com. FRL and Amazon signed two agreements focusing on key categories - grocery and general merchandise and fashion and footwear |
| 2019 | Amazon acquired 49% stake in Future Coupons, a Future Group entity |
| 2019 | CCI approved the acquisition of 7.30% of the equity share capital of Future Retail Limited (FRL) by Future Coupons Limited |
| 2018 | Premji Invest bought 6% stake in Future Retail |
| 2015 | Future Group partnered with India's fastest growing ayurvedic company, Patanjali Ayurved. |
| 2014 | India's first mega food park was inaugurated by India's honourable PM Shri Narendra Modi at Tumkur Karnataka. |
| 2012 | Big Bazaar launched its home delivery services in Mumbai. |
| 2005 | Big Bazaar launched a unique shopping program: the Big Bazaar Exchange Offer, inviting customers to exchange household junk. |
| 2002 | Food Bazaar, the supermarket chain is launched. |
| 2001 | Pantaloon Retail launches three Big Bazaar stores within a span of 22 days in Kolkata, Bangalore and Hyderabad. |
| 1997 | Pantaloon Retail enters modern retail with the launch of the first 8000-sq. ft. store Pantaloons in Kolkata. |
| 1992 | Initial Public Offer (IPO) of shares by the company. |
| 1991 | Company's name changed to Pantaloon Fashions (India) Limited. BARE, an Indian denim brand is launched. |
| 1987 | The company is incorporated under the name of Manz Wear Private Ltd. Pantaloons, one of India's first formal trouser brands, is launched. |
- 1,500 stores
- 400 cities
- Total income of Rs. 1,415.67 crore (US$ 190.67million) in the quarter June 2021.
- Leading retailer in India
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