Future Group plans to invest more than Rs.500 cr in 2015-16 to expand its retail footprint, according to a source from the company. The group is the parent of listed retail companies, viz. Future Retail Ltd, Future Lifestyle Fashions Ltd and Future Consumer Enterprise Ltd. In the fiscal 2016, the retailer plans to open 20 stores of Big Bazaar, 6-7 stores of its chain Central and 10 Brand Factory stores. The group also plans to more than double the number of stores across its convenience format chains such as Big Apple, KB’s and the recently acquired Nilgiris from 350 to 750. What a sunshine opportunity for the signage players! Those signage players engaging in in-store designs, displays, branding and related jobs can now tap this biggest ever opportunity surfacing in the retail domain.
Future Group earmarks huge investment for big retail expansion
