future group... comapany profile
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COMPANY PROFILE & Major MilestonesCOMPANY PROFILE & Major MilestonesFFounder and Group CEO, Mr. Kishore Biyaniounder and Group CEO, Mr. Kishore BiyaniPantaloon Retail (India) Limited, is Indias leading retailer that operates multiple retail formats in both the valueand lifestyle segment of the Indian consumer market.
1987 - Company incorporated as Manz Wear Private Limited. Launch ofPantaloons trouser, Indias first formal trouser brand.1991- Launch of BARE, the Indian jeans brand.1994 - The Pantaloon Shoppe exclusive menswear store in franchisee
formatlaunched across the nation. The company starts the distribution of brandedgarmentsthrough multi-brand retail outlets across the nation.1997- Pantaloons Indias family store launched in Kolkata.2001 - Big Bazaar, Is se sasta aur accha kahi nahin - Indias firsthypermarket chain launched.
2002 - Food Bazaar, the supermarket chain is launched.2004 - Central Shop, Eat, Celebrate In The Heart Of Our City - Indiasfirst seamlessmall is launched in Bangalore.2005 - Fashion Station - the popular fashion chain is launched2007 -Future Group crosses $1 billion turnover mark.2008 -Big Bazaar crosses the 100-store mark, marking one of the fastestever expansion of a hypermarket format anywhere in the world.
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GROWTH OF FUTURE GROUP
Total retail operations area 16 million square feet
Present in 73 cities and 65 rural locations
No of employees 30,000
No of stores Over 1,000
And our family is still growing and growing. From 1 store in 1997 to more than 1000
stores in 2010 And in 2015 we are looking at over 2000 stores.
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Value Formats
BIG BAZAARIndian Hypermarket launched 2001-02
158 Big Bazaar across the country
Isse se sasta aur acha kahi nahi! (USP)
Changing to ..Nai India ka Bazaar
FOOD BAZAAR
Chain of large supermarkets with a difference launched in 2001-02
Ab Ghar Chalaana Kitna Aasaan (USP)
Fashion at Big BazaarFashion at Big Bazaar
A fashion for every mood (USP)
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CorporateCorporate CredoCredo
Rewrite RulesRetain values
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VISIONVISION
Future Group shall deliver Everything, Everywhere, Everytime forEvery Indian Consumer in the most profitable manner
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We share the vision and belief that our customers and stakeholders shall be
served only by creating and executing future scenarios in the consumption
space leading to economic development.
We will be the trendsetters in evolving delivery formats, creating retailrealty, making consumption affordable for all customer segments for
classes and for masses.
We shall infuse Indian brands with confidence and renewed ambition.
We shall be efficient, cost- conscious and committed to quality in whateverwe do.
We shall ensure that our positive attitude, sincerity, humility and united
determination shall be the driving force to make us successful.
MISSION
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Indianness: Confidence in ourselves.
Leadership: To be a leader, both in thought and business.
Respect & Humility: To respect every individual and be humblein our conduct.
Introspection: leading to purposeful thinking.
Openness: To be open and receptive to new ideas, knowledgeand information.
Valuing and Nurturing Relationships: To build long termrelationships.
Simplicity & Positivity: Simplicity and positivity in our thought,business and action.
VALUES
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OUR RITUALS
MANTRA
Everyday in Every way, I am getting Better and Better
Everyday in Every way, You are getting Better and Better
Everyday in Every way, We are getting Better and Better
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What do we in Future Group mean by Namaste :
- I salute/greet you
- I greet your potential of what you can become
- I believe you can grow
- You may have the answer I seek
Denotes Simplicity, Positivity and Indian-ness: Namaste
takes us back to our roots and also positively connects us to the people weinteract with
NAMASTE
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Our Environment is
Dynamic
Stimulating
Challenging
Exciting
Empowering
Motivating
Entrepreneurial
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Namaste !