History Of Big Bazaar

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Big bazaar is the largest hypermarket chain in India. As of June 2, 2012 there are 214 stores across 90 cities and town in India covering around 16 million sq. of retail space. Big Bazaar is designed as an agglomeration of bazaar or Indian market with cluster offering a wide range of merchandise including fashion and apparels, food products, general merchandise, furniture, electronics, books, fast products, general merchandise, furniture, electronics, books, fast food and Entertainment sections. Big Bazaar stores are aimed at providing a local marketplace feel to the shoppers. They offer a wide variety of household items including retail apparels, food products, general merchandise, furniture, electronic, books, fast food, etc.…show more content…
Started by Kishore Biryani, Big Bazaar was launched mainly as a fashion format selling apparel, cosmetics, accessories and general merchandise. Over the years, the retail chain has included in its portfolio a wide range of products and services, ranging from grocery to electronics. The current retail formats of the future group include big bazaar, Food Bazaar, Electronic Bazaar and furniture bazaar. According to Kishore Biryani, The inspiration behind this entire retail format was from caravan stores, a local store in, Tanagers, Chennai, Big bazaar is popularly known as the ‘Indian Walmart’ today. In the second year of operations, Big Bazaar tied up with Indian Banking giant ICICI Bank and launched the Big Bazaar ICICI Bank card. In the same year, the first food Bazaar store was also launched at High street phoenix mall in Mumbai, marking the retailer’s entry into dedicated food retail. In 2003, Big Bazaar made its foray into small towns and cities. The first store in this category was launched that year in Nagpur. The franchise also welcomed its 10 millionth customer at its new store in Gurgaon in the same…show more content…
This entity has been created keeping in mind the growth and the current size of the company’s value retail business, led by its format divisions, Big Bazaar and Food Bazaar. The company operates 120 Big Bazaar stores, 170 Food Bazaar stores, among other formats, in over 70 cities across the country, covering an operational retail space of over 6 million square feet. As a focused entity driving the growth of the group 's value retail business, Future Value Retail Limited will continue to deliver more value to its customers, supply partners, stakeholders and communities across the country and shape the growth of modern retail in India. A subsidiary company, Home Solutions Retail (India) Limited, operates Home Town, a large-format home solutions store, Collection I, selling home furniture products and e-zine focused on catering to the consumer electronics segment. Pantaloons Retail is the flagship company of Future Group, a business group catering to the entire Indian consumption

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