Review Ofliterature
Review Ofliterature
Review Ofliterature
Future Group, led by its founder and Group CEO, Mr. Kishore Biyani,
is one of India’s leading business houses with multiple business spanning across
the consumption space. While retai forms the core business activity of Future
over 11 million square feet of retail space in over 63 cities and towns and 65
rural locations across India. Pantaloon Retail was awarded the International
Retailer of the year – 2007, by the US-based National Retail Federation, the
largest retail trade association and the Emerging Market Retailer of the year
group’s core value of ‘Indian ness’. The groups corporate credo is, ‘Rewrite
can visit any of the authorized service centers of the manufacturer if required.
preserve it.
Guaranteed Delivery
without defects. In case you have received a different product, or if the product
was damaged in transit, please let us know and we will ensure that we replace
the product or ensure that your money is refunded. Please note that delivery
times vary according to products to products 95%of our deliveries take place
with in the committed time period. For the occasional delays, we wil contact
Secure Payments
work with bank and payment gateways to ensure that your information is
protected. Payments are protected both by us and by the policies of your bank,
and the chances of fraud in these channels are actually very low.
ensure that there are no fraudulent transactions. Our office address is also
available for anyone who wishes to contact us in person. moreover, being part
of India’s largest retail company with a presence all over India, we are
omnipresent.
did not meet your expectations or does not fit your needs, then you can return
and accompanied by its invoice. Just contact our Customer Care and we’ll
decisions and resolve your problems. They are empowered to solve your
problems and are aware of the processes and means to handle them. In case they
cannot solve the problem at their end, they will trigger the required action on
your half or advise you the best possible method to a successful fulfillment of
all your queries/issues. Be assured that when you call us, your call is being
taken seriously.
Values:
our conduct.
information.
relationships.
Mission;
We share the vision and belief that our customers and stakeholders
shall be served only by creating and executing future scenarios in the consumption
space leading to economic development. We will be the trendsetters in evolving
delivery formats, creating retail realty, making consumption affordable for all
customer segment.
do.
Sone Ki Chidiya
When the Mughals first came to India they were drawn by the lure of her
fabulous wealth – India was known as the “Sone Ki Chidiya”, literally –“ “The
Golden Bird”.
Economy: A Millennial Perspective, India had the world’s largest economy in the
1 st century and 11 th century , with a 33% share of world GDP in the 1 st century
and 29% in 1000 CE. During 1700 AD, Mughal era, India’s share was 24%, more
than the whole of Western Europe. It came down to 3.8% in 1950s. paul Kennedy,
in this highly regardd book, The Rise and Fall of the Great Powers: Economic
Change and Military conflict from 1500 to 2000 estimates that in 1750.
India’s share o the world trade was nearly 25 percent. It came down to
The Indian economy is once again at the centre of the global attention. As
Future Ventures:
purchasing power of Indian consumers and their changing tastes, lifestyle and
spending habits.
influence, and can add value as active shareholders, by utilizing the experience and
knowledge of the Future Group, and specifically its parent, pantaloon Retail ltd.
He has the knack of catchings rivals off-guard and striking where it hurts most.
And now that he’s set himself the task of tetaining control of the largest
The latest to face the wrat of the 43-year-old is South African hyper market
Shoprite, which opened shop in Mumbai (images) last month through a franchise
The hypermarket began retailing products from big boys Nestle (Get
Quote), Unilever and Procter & Gamble at consumer discounts of 20-30 percent,
the multinationals were offering Shoprite better prices, even withdrawing Nestle
products from his stores when the company did not respond.
Two days later the Nestle products were back, but not before the company
had clarified its stance. Says Biyani, “shoprite is involved in predatory pricing.
But as a result of his tough stance, the three MNC’s have asked Shoprite to
and he was proved right when the Kolkata Pantaloon store became a raging success
the retailing trade. Some has learned from his own mistakes, he admits. Others he
management gurus like Tom Peters whose book ‘Reimagine’ impressed me.” Even
But unusual as it might seem, he also made it a point to stay away from
these stores. The reason: “by going to a Wal-Mart or a Macy’s, you could get
overwhelmed into thinking that was the best model and stop learning,” he says.
Gopikishan Biyani is a commerce graduate and has more than twenty years
Bankers (CAIIB). His banking career spans over 31 years and he has served senior
SEBI.
Reflects the look and feel of Indian bazaars at their modern outlets.
Allover India, Big Bazaar attracts a few thousands customers on any regular
day.
Founded – 2001
Industry – retail
Website – http://www.bigbazaar.com