FUTURE GROUP PLANS 1,000 FRANCHISED FOOD SHOPS IN INDIA
June 1st, 2012
BY MINI PANT ZACHARIAH, IN MUMBAI
INDIA grocery and retail giant Future Group is planning to expand its KB's Fair Price corner store format across India after a successful pilot project in New Delhi. Founder Kishor Biyani has announced that in the coming 18 months, Future Group will open 1,000 franchised stores based on existing shops, and help to revamp, refurnish and rebrand the outlets while providing back-end support.
"We believe this is the way of building inclusive retail with kirana [grocery] stores," said Damodar Mall, Future Group's director ...
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