In an interview with CNBC-TV18, Kishore Biyani, CEO of Future Group said that the company‘s aim is to offer superior quality products that fall in line with Patanjali‘s vision.
Future Group firm Pantaloon Retail (India) today said it will merge its wholly-owned subsidiary Future Value Retail, which runs Big Bazaar and Food Bazaar stores, with itself.
Kishore Biyani prepares his youngest daughter Avni Biyani to over the group's food division.
Future Group, India's largest retailer which owns Pantaloon Retail , is looking to sell stakes in brands and units to raise funds and help cut the group's USD 1.6 billion debt, the Economic Times reported on Monday.
Big Bazaar, India's largest retail chain in both value and lifestyle formats, has changed its logo and tag line on the completion of 10 years.
Mass market is passé. Gourmet retailing is the new buzz word among retailers. And established giants are wading into this new arena with abandon, CNBC-TV18's Manasi Phadnis reports.