It was around 2005 that many non-metro cities of India started witnessing the sky-high shopping malls erecting. These places began a new era of the Indian consumption journey. While most people in these cities would crib about the high price the brands would ask, one sector people were most happy with was the retail. Big Bazaar, Central, Brand Factory, Pantaloons, and Indigo Nation are some names that are known to everyone. All these names were once under the conglomerate of the ‘Future Group’. Future Consumer Enterprises Limited, owned by this Future Group, once claimed to shape India’s consumption journey, is now struggling to shape its future.
about 3 days ago