The document discusses Future Group, which is known as the "Walmart of India". It was founded in 1987 and has over 1000 stores across India. Future Group uses various retail formats including e-commerce, supermarkets, department stores, and hypermarkets under brands like Big Bazaar. It faces competition from other retailers like Reliance Retail but has managed to launch new formats and cover a wide range of retail segments. The document also discusses Walmart's expansion internationally and into India through a joint venture with Bharti Enterprises.