Future Group is an Indian conglomerate founded in 1987 by Kishore Biyani. It operates over 1000 stores across 61 cities in India, including popular supermarket chains like Big Bazaar and Food Bazaar. The company was incorporated as Manz Wear and launched Pantaloons, India's first formal trouser brand. It has since expanded to include various retail formats and brands, and achieved over $1 billion in revenue by 2007. Key retail brands operated by Future Group include Pantaloons, Big Bazaar, Food Bazaar, Central and E-Zone.
2. Company’s Profile
Founded by Mr.Kishore Biyani
Incorporated in 1987
Head quarters in Mumbai
Employees over 30,000 people
Has over 1000 stores in 61 cities of india
Net income – Rs.9.6018 billion(US$140
million)as of March 2014-15
3. About Future Group
Future Group is an Indian private conglomerate
company. The company is known for having a
significant prominence in India retail and faishon
sectors, with popular supermarket chains like
Big bazaar & food bazaar,lifestyle stores like
Brand factory,Central etc. and also for having
notable presence in integrated foods and FMCG
manufacturing sectors.
4. How did it grow….
1987 Company incorporated as Manz Wear Private Limited. Launch of
Pantaloons trouser, India’s first formal trouser brand.
1992 Initial public offer (IPO) was made in the month of May.
1994 Future Group India was established with a vision to provide
diverse services in Indian and Global markets.
1997 Pantaloons – India’s family store launched in Kolkata.
2001 Big Bazaar, ‘Is se sasta aur accha kahi nahin’ - India’s first
hypermarket chain launched in Jogeshwari,Mumbai.
2002 Food Bazaar, the supermarket chain is launched.
2007 Future Group crosses $1 billion turnover mark.
5. Companies
Pantaloon Retail (India) Ltd.
Future Brands Ltd.
Future Media (India) Ltd.
Future Logistics Solutions Ltd.
Convergem Communications
(India) Ltd.
Pantaloon Food Product(India)
Ltd.
Future Knowledge Services Ltd.
Future Capital Holdings Ltd.
Future Generali India
Insurance Company Ltd.
Future Generali India Life
Future bazaar India Ltd.
Weavette Textiles Ltd.
Staples Future Office Products
Pvt. Ltd.
Pan India food solutions
pvt.Ltd.
Talwalkars Pantaloon Fitness
Pvt.Ltd.
Indus League Clothing
Etam Future Fashions Ltd.
Galaxy Entertainment
Corporations Ltd.
Future venture India Ltd.
Food Mart retail
6. About Kishore Biyani
King of India’s Retail
Graduated in commerce from HR college
,Mumbai
Belongs to business family(cloth trading)
From manufacturing to retail
Retailer by Karma but nationalist by
Dharma
Retail King
8. We will be the trendsetters in evolving delivery formats.
Make consumption affordable for all customer segments –
for classes and for masses.
We shall be efficient, cost –conscious and committed to
quality in whatever we do.
We shall ensure that our positive attitude, sincerity,
humility and united determination shall be the driving force
to make us successful.
9. The main vision of future group is “Sone Ki
Chidiya”. Which means the “The Golden Bird.”
Future Group’s vision is to, “deliver Everything,
Everywhere, Everytime to Every Indian Consumer
in the most profitable manner.”
The group considers ‘Indian-ness’ as a core value
and its corporate credo is - Rewrite rules, Retain
values.
13. STRENGTH
High brand equity
POP promotion
Variety of stuff under one roof
WEAKNESS
Unable to meet store opening target
Revenue declining/ sq. ft
OPPURTUNITY
Emerging concept of organized retail
Evolving customer preference
Can add more national brand
THREAT
Government policy
Other formats –Super markets and
Speciality stores with upcoming MNC
retailers
Unorganized retailers
SWOT
14. Impact of Environment
POLITICAL
100% FDI in Multi Brand Retail
Problems of getting subsidy from Octroi (local
tax) and on different taxes like land, water
etc.
ECONOMIC
India one of the fastest growing economies
Retail industry to grow increasing income of people
Growth stage: High revenue but high expenditure on
promotion
SOCIAL CULTURAL
Increase in nuclear families
People prefer to shop in local store with reasonable
price
Increase in working women proposition
Life style changes
Shift in product and service preferences
Increase in young population
TECHNOLOGICAL
Technological development for faster service
Better application of IT in the modern retail
industry, like in supply chain management , store
management and CRM
Electronic billing
Use ERP module for handling inventory and finance.
P
E
S
T
16. Pantaloons
Pantaloons India is one of the leading retailer
stores of India, which operates numerous
formats of retail both in the lifestyle and value
segment of the consumer market in India.
Pantaloon India is the subsidiary company of the
Future Group, which is considered as a business
venture.
17.
18. E-Zone
E-zone Was Established In 2005 Keeping The
Competences And Ethics Of India.
Part Of Home Solution Retail(India) Ltd.
E-zone Has 28 Stand Alone And 12 Shop-in-shop Outlet
Across India.
E-zone Is Not Only About Show Casing The Electronics
Product And Gadgets But Providing A Complete
Shopping Experience Through “Touch And Feel”.
19.
20. Big Bazaar
Big Bazaar was introduced in
2001 with its first store in
Kolkata.
Big Bazaar is a chain of
hypermarkets in India, with more
than 100 stores in various place
like Bengaluru/ Hyderabad etc.
21.
22. Saal ke sabse saste 3 din
Future card(3% discount)
Advertising(Print Ads,TV Ads,Radio)
Brand Endorsement by M.S.Dhoni
Point-of-purchase Promotions
Wednesday Bazaar
23. Central
It is based on the concept of “ One Stop Shop”.
It is a showcase, seamless mall and the first of
its kind in India.
Launched in May 2004 at Bengaluru .
Offers everything for the urban aspirational
shopper to shop, eat and celebrate.
Ensure the best brands in the Indian market are
made available to the Indian customer.
24.
25. Suggestions
Need to focus more on CRM and improve in store assistance
Invest in supply chain infrastructure
More brands should be included
Exchange offers should be made clear as customers are not clear of
how to use them
Aggressive expansion plan to open in tire II cities