Kishore Biyani-led Future Group is planning to open 30 more Big Bazaars in the next six months as part of its overall plan to create 5 million sq ft of retail space by 2011.
Going by conservative estimates of each Big Bazaar over 50,000 sq ft, the Future Group will create almost 1.5 mn sq ft of retail space under the value retail format in the next six months. Asked about expansion plans, Biyani said, “We will have at least 30 more Big Bazaars in the next six months.”
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Showing posts with label Big Bazaar. Show all posts
Showing posts with label Big Bazaar. Show all posts
Tuesday, February 23, 2010
Now, spend your way out of the budget blues
Tags: Big Bazaar, eZone
hinking of buying a fridge, air conditioner, TV, microwave or LCD, but want to wait for the budget? Here’s some good news.
At least one prominent retail outlet has worked out a deal to ensure that you do not end up a loser.
The eZone, Big Bazaar, offer is if a person buys any commodity, and post budget its price falls, the customer will be refunded twice the difference of that amount. “There is a lot of speculation on consumer durables and electronic prices post budget. So, we have decided to refund the difference if prices fall. The refund will be twice the actual difference,” said Atul Takle, head, corporate communications in charge of the Pantaloon Retail India Pvt Ltd. The offer will last till 3 pm on February 26, budget day. “The refund will be in the form of eZone vouchers,” Takle added.
More...
At least one prominent retail outlet has worked out a deal to ensure that you do not end up a loser.
The eZone, Big Bazaar, offer is if a person buys any commodity, and post budget its price falls, the customer will be refunded twice the difference of that amount. “There is a lot of speculation on consumer durables and electronic prices post budget. So, we have decided to refund the difference if prices fall. The refund will be twice the actual difference,” said Atul Takle, head, corporate communications in charge of the Pantaloon Retail India Pvt Ltd. The offer will last till 3 pm on February 26, budget day. “The refund will be in the form of eZone vouchers,” Takle added.
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Sunday, February 7, 2010
Where mundus and jeans share shelf space
Tags: Big Bazaar
If Ashni Biyani, director of Future Ideas in Future Group, has her way then the residents of Malleswaram would celebrate their Ugadi festival in Big Bazaar this year.
Following the path of her father Kishore Biyani, who introduced the mall culture in India with Pantaloon, Ashni Biyani wants to take shopping to the next level.
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Following the path of her father Kishore Biyani, who introduced the mall culture in India with Pantaloon, Ashni Biyani wants to take shopping to the next level.
More...
Monday, January 18, 2010
Retailers offer freebies, discount to spur sales
Tags: Big Bazaar
For retailers, every occasion to celebrate is appropriate to do big business. This year, the Republic Day falls soon after weekend and top retailers are hiking their advertising and marketing spends by an additional 30% to 50% on offering huge discount offers, freebies to woo customers and spur sales. Before the last Republic Day, they were not so enthusiastic due to the economic slowdown, and rather preferred to maintain their consumer offers to certain categories only.
Tuesday, January 12, 2010
Future Group plans 900 KB's Fair Price and 350 Big Bazaar stores
Tags: Big Bazaar, Future Group, KB's Fair Price
Future Group is planning to open about 850 to 900 KB’s Fair Price shops. The locations have yet not been finalised, but the retailer shall expand in the same market clusters it has a presence in. In an exclusive interview with IndiaRetailing, Damodar Mall, group customer director at Future Group stated, "We will expand KB’s Fair Price shops in select towns. First, it will be a concentrated approach in the markets we are already present in — Delhi, Mumbai and Bangalore."
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