Is Big Bazaar renamed?

In February 2022, Reliance Industries took control of over 200 Future group stores and rebranded Big Bazaar as Reliance's Smart Bazaar Stores.

What is the new name of Big Bazaar?

Reliance Retail's 'Smart Bazaar' Will Replace 'Big Bazaar'

Why there is no Big Bazaar?

Big Bazaar has been shut down due to the financial crunch and lack of funding the owner of the company could not run the store anymore, But now Reliance Will Rebrand 200 Big Bazaar(Smart Bazaar) Outlets & Run Operations.

Who is the owner of FBB?

Mr. Kishore Biyani

Over the past two decades he has created and leads some of India's most popular retail chains like Big Bazaar, Central, Brand Factory, Foodhall, fbb, among others. Over time, various retail chains like Nilgiris, Aadhaar, Easyday, Heritage, HyperCity and others have also become part of Future Group.

Who is the owner of Easyday?

In May 2015, Future Group acquired Bharti Retail in a deal worth around ₹500 crore (equivalent to ₹755 crore or US$94 million in 2023). Bharti Retail operated 216 convenience stores, supermarkets and hypermarkets under the brand name Easyday.

Big Bazaar has been renamed as Smart Bazaar #bigbazaar #Big Bazaar is now Smart Bazaar

What happen to Easyday?

Synopsis. All 53 Easyday stores in the west — in Mumbai, Pune, Nashik and Ahmedabad — will be shut down in phases in this fiscal year. KOLKATA: Kishore Biyani's Future Group is shutting 140 Easyday food and grocery neighbourhood stores, reversing the chain's rapid-expansion strategy, as the parent seeks to cut costs.

Is Big Bazaar and FBB same?

Big Bazaar is also the parent chain of Food Bazaar, Fashion at Big Bazaar (abbreviated as fbb) and eZone where at locations it houses all under one roof, while it is sister chain of retail outlets like Brand Factory, Home Town, Central, eZone, etc.

Who is Vivek Biyani?

Overview. Vivek Biyani joined Future Group in June, 2007 and currently leads the group's initiatives in Digital Businesses. Prior to this he was instrumental in setting up the Home Solutions business of the group. group's vision of generating a significant proportion of the group revenues on the digital platform.

Who is Sunil Biyani?

Biyani has been the script writer of India's retail story: He was the first to dream big in retail when most thought it was another fad.

Who has taken over Big Bazaar?

Future Group eventually sold Big Bazaar to Reliance Industries as a result.

Did Reliance take over Big Bazaar?

“Instead of taking over Future Retail, Reliance is doing this as a real estate play because retail is all about location and store space. Over 400 such Big Bazaar stores will be rebranded as Reliance Retail. Reliance will re-employ Future Retail staff working at these locations,” said a source.

What happened with Kishore Biyani?

The Securities Appellate Tribunal (SAT) on Wednesday quashed regulator Sebi's order banning Future Retail chairperson Kishore Biyani and some other promoters from the securities market for one year in an insider trading case.

Who owns Future Group?

Retailing pioneer Kishore Biyani is the founder and group CEO of the $4.6 billion (revenue) retail giant Future Group. The group includes hypermarket chain Big Bazaar, food retailer Food Hall and convenience store chain EasyDay.

Who is biyani pioneering a retailing revolution in India?

Kishore Biyani, Dipayan Baishya

Born in a middle class trading family, Kishore Biyani started his career selling stonewash fabric to small shops in Mumbai. Years later, with the launch of Pantaloons, Big Bazaar, Food Bazaar, Central and many more retail formats, he redefined the retailing business in India.

Can we purchase online from Big Bazaar?

Big bazaar online home delivery is the best grocery shopping destination for grocery lovers. Big Bazaar, a name synonymous with quality and affordability in India, has embraced the digital age with “Big Bazaar Online,” a platform designed to bring the trusted retail experience directly to your screen.

Did Reliance buy Future Group?

Reliance Industries' acquisition of Future Group's consumer business will strengthen the retail footprint of India's largest organised retailer. The retail business will be the fastest growing segment for RIL in future, Chairman Mukesh Ambani has said.

Can we return items in Big Bazaar?

Our Return and refund policy lasts 7 days from delivery or pick-up purchase of items. If 7 days have gone by since your purchase, unfortunately we can't offer you a refund or exchange.

What is the oldest supermarket company in the UK?

Today (12/01/2023) marks seventy-five years since the London Co-operative Society (LCS) opened what historians often consider to be Britain's first ever supermarket.

Who owns the biggest supermarket in the world?

Walmart is the largest supermarket chain in the United States, and indeed the world, with a *global turnover of $611.3 billion (€556.45 billion) in 2022. The group operates more than 10,500 stores globally, while in the US its banners include Walmart, Walmart Supercenter, and Sam's Club.

Who owns the most supermarkets in the UK?

Tesco is the largest supermarket chain in the United Kingdom. However, discounters Lidl and Aldi have grown rapidly.

Why did Reliance buy Big Bazaar?

Citing unpaid payments by Future, Reliance has taken control of operations of some 200 Big Bazaar stores and has plans to seize another 250 of Future's retail outlets. Combined, they represent the crown jewels of Future's retail network and around a third of all Future outlets.

What went wrong with future retail?

Future retail failed to study the market and development in external environment. Due to lack of clarity and its inappropriate planning of exiting at the time of entry in online market, it suffered huge losses.