Interviews
News Flash
Future retail crosses milestone of Rs 1000 mn in a single day
25 Aug '08
2 min read
Future Group's retail operations registered around Rs 105 crores in total sales across its outlets on a single day, Sunday, August 18th 2008.
The ongoing promotions and special offers at Future Group's retail chains, Big Bazaar, Pantaloons, Food Bazaar, Central, EZone, Home Town, Brand Factory, Furniture Bazaar, KB's Fairprice, Mobile Bazaar and Aadhar attracted unprecedented number of customer footfalls that helped Future Group achieve this significant milestone.
Commenting on the achievement of this milestone, Mr. Kishore Biyani, Group CEO, Future Group said, “We have been pleasantly surprised by the phenomenal response we have received from customers during the past week.”
Mr. Biyani also added, “In the midst of an inflationary scenario, crossing the Rs 100 crore turnover mark on a single day has reassured our belief that our retail operations are able to provide the best value to Indian consumers. More importantly, this could be a vital indicator that consumer confidence continues to remain buoyant in India.”
The Rs 100 crore sales turnover was achieved on the last day of the Mahabachat Ke 5 Din promotions being held at 96 Big Bazaar outlets across the country.
During the past five days, Big Bazaar attracted over 6 million customers at its outlets stretching from Bharuch to Guwahati and Panipat to Pallakad.
In addition, special promotions and offers were also being conducted at group formats like Pantaloons, EZone and Central.
Future Group has retail presence in 64 cities and 65 rural locations across the country that cover over 10 million square feet of retail space.
The group operates multiple retail chains in both the value and lifestyle segment of the market and its merchandise range covers almost every product category available in India.
The highest sales were recorded in categories like apparel, luggage, furniture, electronic and consumer durables and mobile phones.
The ongoing promotions and special offers at Future Group's retail chains, Big Bazaar, Pantaloons, Food Bazaar, Central, EZone, Home Town, Brand Factory, Furniture Bazaar, KB's Fairprice, Mobile Bazaar and Aadhar attracted unprecedented number of customer footfalls that helped Future Group achieve this significant milestone.
Commenting on the achievement of this milestone, Mr. Kishore Biyani, Group CEO, Future Group said, “We have been pleasantly surprised by the phenomenal response we have received from customers during the past week.”
Mr. Biyani also added, “In the midst of an inflationary scenario, crossing the Rs 100 crore turnover mark on a single day has reassured our belief that our retail operations are able to provide the best value to Indian consumers. More importantly, this could be a vital indicator that consumer confidence continues to remain buoyant in India.”
The Rs 100 crore sales turnover was achieved on the last day of the Mahabachat Ke 5 Din promotions being held at 96 Big Bazaar outlets across the country.
During the past five days, Big Bazaar attracted over 6 million customers at its outlets stretching from Bharuch to Guwahati and Panipat to Pallakad.
In addition, special promotions and offers were also being conducted at group formats like Pantaloons, EZone and Central.
Future Group has retail presence in 64 cities and 65 rural locations across the country that cover over 10 million square feet of retail space.
The group operates multiple retail chains in both the value and lifestyle segment of the market and its merchandise range covers almost every product category available in India.
The highest sales were recorded in categories like apparel, luggage, furniture, electronic and consumer durables and mobile phones.
Future Group
Popular News
Leave your Comments
Editor’s Pick
Therese Premler-Andersson
Textile Machinery Association of Sweden (TMAS)
Amritha Ram
Brand - KH House of Khaddar
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
