Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of Indias leading business houses with multiple businesses spanning across the consumption space. While retailforms the core business activity of Future Group, group subsidiaries are present in consumer finance, capital, insurance, leisure and entertainment, brand development, retail real estatedevelopment, retail media and logistics.Led by its flagship enterprise, Pantaloon Retail, the group operates over 16 million square feet of retail space in 73 cities and towns and 65 rural locations across India. Headquartered in Mumbai(Bombay), Pantaloon Retail employs around 30,000 people and is listed on the Indian stock exchanges.
The company follows a multi-format retail strategy that captures almost the entireconsumption basket of Indian customers. In the lifestyle segment, the group operates Pantaloons,a fashion retail chain and Central, a chain of seamless malls. In the value segment, its marquee brand, Big Bazaar is a hypermarket format that combines the look, touch and feel of Indian bazaars with the choice and convenience of modern retail.In 2008, Big Bazaar opened its 100th store, marking the fastest ever organic expansion of ahypermarket.
The first set of Big Bazaar stores opened in 2001 in Kolkata, Hyderabad andBangalore.The groups speciality retail formats include supermarket chain ± Food Bazaar, sportswear retailer – Planet Sports, electronics retailer – eZone, home improvement chain – Home Town andrural retail chain, Aadhaar, among others. It also operates popular shopping portal ± Future Capital Holdings, the groups financial arm provides investment advisory to assets worthover $1 Billion that are being invested in consumer brands and companies, real estate, hotels andlogistics. It also operates a consumer finance arm with branches in 150 locations.
Other group companies include, Future Generali, the groups insurance venture in partnershipwith Italys Generali Group, Future Brands, a brand development and IPR company, FutureLogistics, providing logistics and distribution solutions to group companies and business partnersand Future Media, a retail media initiative.The groups presence in Leisure & Entertainment segment is led through, Mumbai-based listedcompany Galaxy Entertainment Limited. Galaxy leading leisure chains, Sports Bar and BowlingCo. and family entertainment centres, F123. Through its partner company, Blue Foods the groupoperates around 100 restaurants and food courts through brands like Bombay Blues, SpaghettiKitchen, Noodle Bar, The Spoon, Copper Chimney and Gelato. ABOUT HOMETOWN
HomeTown is a unique one-stop destination for complete home-making solutions, the first of its kind retail format in India. It provides consumers all that goes into building a house and everything to make it a ‘Home’, all under one roof.
Offering an array of home products and the services of skilled technicians, HomeTown offers an experience that is democratic, hassle-free and convenient. All this comes with service and product warranties at great prices.
The Store is divided into three sections – exhibitions, markets and services. HomeTown will have live displays various rooms such as living room, dining room, bedroom, kids’ room, kitchen & bathroom in the exhibitions section. Markets section will feature products for living market, dining market, bedroom market, kids’ room market, kitchen market, bathroom market, Home furnishings, mattresses, eZone (consumer durables and electronics) & Depot (books, music, etc). The servicessection will offer service options such as – Mr. Carpenter, Mr. Plumber, Mr. Electrician, Mr. Painter, Tilewala, DesignCentre, best wishes, grihapravesh, door delivery and installation. Said Kishore Biyani, CEO, Future Group, “Owning a home has always been the ultimate Indian dream.
Currently, consumers have to visit multiple stores & markets, while building a home and have to often rely on advice from unqualified sources. HomeTown will address this consumer pain point by providing a single point destination for all their needs to build, equip and decorate their homes. Additionally, consumers will also get professional advice on various aspects, ranging from interiors, carpentry, plumbing, painting, etc to grihapravesh pooja for the home.‖ He added, ―HomeTown is an amalgamation of the value-lifestyle propositions, so appears eminently approachable to the budget-buyer, as well as the aspirational customer, and also to the lifestyledriven customer.
The displays will echo the aspirations of the consumer, keeping traditions alive in a contemporary world.‖HomeTown will display products from all major manufacturers, represented across numerous categories such as tiles, sanitary ware, bathroom fittings/fixtures, paints, furniture, etc.
Customers will be given price, service and product guarantees. If customers find any products that they have purchased, cheaper elsewhere, they will be given a gift voucher of double the difference, provided they bring an original receipt within two days of purchase of the product. HomeTown will also guarantee workmanship of the jobs that it undertakes, for one year, from the time the job is completed. Every product or service provided is backed by the reliable manufacturers and service providers. In case of any manufacturing defect, consumers will get the option to exchange or refund the product. .