Report on

Future Group

Done by

Missula Phaneendra Jagannadh

Roll No: 181297

Submitted to

Avadhanam Ramesh
 Introduction
Retailing is the transaction between the seller and consumer for personal consumption. It is
does not include transaction between the manufacturer, corporate purchase, government
purchase and other wholesale purchase. A retailer stocks the goods from the manufacturer and
then sells the same to the end user for a marginal profit. Retailing involves all activities
incidental to selling to ultimate consumer for their personnel family and household use. It does
this by organizing their availability on are relatively large scale and supplying them to a
customer on a relatively small scale. Retailer is any person/organization instrumental in
reaching the goods or merchandise or services to the end users. Retailer is a must and cannot
be eliminated. India’s retail market is expected to grow tremendously in next few years. The
Indian retailing industry is becoming intensely competitive, as more and more players are
Vying for the same set of customers. The major retail players are Pantaloon Retail, Shoppers
Stop, Reliance, etc. Most modern retailers typically make a variety of strategic level decisions
including the type of store, the market to be served, the optimal product assortment, customer
service, supporting services and the store's overall market positioning. Once the strategic retail
plan is in place, retailers devise the retail mix which includes product, price, place, promotion,
personnel and presentation. The retail sector in India is merging as one of the largest sectors
in the economy. In 2015 the total market was approximately $600 billion and CAGR was 7.45
since 2000. Retail industry is expected to grow to $1.3 trillion by 2020, thereby registering a
CAGR of 9.7% in 2020. India's retail market is expected to grow tremendously in next few
years. India shows US$330 billion retail market that is expected to grow 10% a year, with
modern retailing just beginning. India ranks first in2005. In fact, in 2005 and 2006, India is the
most compelling opportunity for retailers, because now India is in peaking stage.

Retailing support services may also include the provision of credit, delivery services, advisory
services, stylist services and a range of other supporting services.
 Company

Future Group:
Future Group is India’s largest retailer and one of the leading business houses. Its founder and
group CEO is Kishore Biyani. The company had incorporated as Manz Wear Pvt Ltd. Future
group is and Indian private conglomerate company. The company is known for having a
significant prominence in India retail and fashion sectors, with popular super market chains
like Big Bazar and Food Bazar lifestyle stores like Brand factory, Central etc.

Growth Started:
1. In 1987 company incorporated as Manz Wear Pvt Ltd. India’s first formal trouser brand
was Pant looms trouser.
2. In 1992 initial public offer (IPO) was made in the month of May.
3. In 1994 Future Group India was established with a vision to provide diverse services in
India and Global markets.
4. In 1997 Pant looms was the India’s family store launched in Kolkata.
5. In 2001 Big Bazar was the India’s first hype market chain launched in Jogeshwari,
Mumbai.
6. In 2002 Food Bazar, the super market chain is launched.
7. In 2007 Future Group crossed $1 billion turnover mark.

Brands:
1. Big Bazar
2. Central
3. Pantloons
4. E zone
5. Brand Factory
6. Food Bazar
7. Nilgiris
8. Hyper City
9. Food World
Swot analysis:
Strengths:
1. Wide presence in India covering almost all major cities and towns.
2. Efficient and cost conscious committed quality service.
3. High brand equity in evolving market.

4. Everyday low prices, which attract customers, and has a Huge investment capacity.
5. It offers a family shopping experience, where entire family can visit together.
6. Available facilities such as online booking and delivery of good.

Weakness:
1. Dependent heavily on India and is susceptible to foreign players.
2. Stiff competition from global players means market share growth is limited.
3. Extremely popular means heavily crowded during festive/discount seasons.

Opportunities:
1. Evolving customer preference in recent year.
2. Organized retail is minute in India.
3. Global expansion and tie-ups with international brands.

Threats:
1. Global players trying to enter into Indian market.
2. Low priced product could be perceived as low-quality product.
3. Government policies are not well defined in country like India.
Big Bazar:
Big Bazaar is an Indian retail chain of hypermarkets, discount department stores, and grocery
stores. The retail chain was founded by Kishore Biyani under his parent organisation Future
Group, which is known for having a significant prominence in Indian retail and fashion sectors.
Big Bazaar was founded in 2001 by Kishore, the founder and chief executive officer (CEO) of
the parent company, the Future Group. Indian actress Asin and the former Captain of Indian
cricket team, Mahendra Singh Dhoni have previously endorsed for the fashion vertical of Big
Bazaar. There are 256 stores nationwide. The headquarters of Big Bazar is Mumbai and
Maharashtra. Big Bazar offers every day lowest price to attract customers.

Products:
1. Electronics
2. Home & Furniture
3. Home Improvement
4. Health & Beauty
5. Grocery
6. Clothing
7. Footwear
8. Toys
9. Sports goods & Fitness
10. Craft Supplies
11. Photo Finishing