Shoppers Stop Ltd said it is closing down its two stores at Inorbit mall at Pune and Nirmal Lifestyle at Mulund due to the decrease in business and low profitability. “The sales during last financial year from the store at Inorbit mall was Rs 2,491.20 lacs, which was 0.66% of the company’s turnover and the […]
Future Group has decided to keep its Big Bazaar supermarket open till midnight today. “We are getting a lot of enquiries from customers… so we’ve decided to keep it open till about 11:50 PM,” Kishore Biyani, chairman of Future Group told the media. Though it is being portrayed as a measure of convenience for customers who […]
Aditya Birla Fashion & Retail said it was not directly linked to the reported merger between Aditya Birla Group’s More supermarkets and Future Retail’s Big Bazaar. The company was responding to a question by the stock exchanges after its stock rose in response to a report in the Economic Times that the two retail chains […]
