At a time when momentum is building to allow foreign players into front-end retail, Future group and Walmart have been indulging into meetings over the past four months, raising the possibility of an alliance between India’s largest retailer and the world’s largest retailer. If the alliance fructifies, it could reconfigure organised retail in India. Four executives from the two camps with knowledge of the talks confirmed that Future Group owner Kishore Biyani visited Walmart’s headquarters in Bentonville last December. This tie-up between the two retail giants will bring tremendous opportunities to the signage companies, such as PSPs, sign makers, material suppliers and those engaging closely in in-shop displays.
Walmart to pick up stake in Future Group's Big Bazaar
- Post author:SignNews
- Post published:March 29, 2011
- Post category:New Business Opportunity
- Post comments:0 Comments
