Business Companies 30 Nov 2019 Future Group stocks ...

Future Group stocks soar over CCI nod to Amazon

FC INVESTIGATIVE BUREAU
Published Nov 30, 2019, 1:54 am IST
Updated Nov 30, 2019, 1:54 am IST
Future Group owns close to the 2,000 retail stores, covering over 24 million sq ft of space in over 400 cities and towns.
The deal is expected to help Future Group strengthen its online sales and Amazon expand offline reach in India through Future Group's retail stores.
 The deal is expected to help Future Group strengthen its online sales and Amazon expand offline reach in India through Future Group's retail stores.

Mumbai/Chennai: Shares of Future Group companies rallied on Friday after the Competition Commission of India on Thursday approved the Amazon-Future Coupon deal.

The deal is expected to help Future Group strengthen its online sales and Amazon expand offline reach in India through Future Group's retail stores.

 

Future Group owns close to the 2,000 retail stores, covering over 24 million sq ft of space in over 400 cities and towns.The group’s owns Big Bazaar, Central, Brand Factory, and FBB stores along with a growing chain of neighbourhood stores, EasyDay and Heritage Fresh, and convenience stores WH Smith and 7-Eleven.

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