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Retail Future company history timeline

2007

Future Retail Ltd. (formerly known as Bharti Retail Ltd.) was incorporated in February 07 2007.

2015

The retail and allied businesses of Heritage Foods posted revenue of Rs 629.70 crore during the financial year 2015-16.

Here's one of the best e-commerce stats that exemplifies the market dominance of giants like Amazon: in 2015, Amazon alone accounted for more than 50 percent of e-commerce growth.

2018

May 11 2018.During the year under review the Company acquired the entire equity share capital of SHME (now known as SHME Food Brands Limited) for cash consideration of Rs.

In 2018, retail e-commerce sales in the United States totaled $504.6 billion, according to Statista.

2019

0.01 crore from its existing shareholders on February 28 2019 and accordingly SHME became a wholly owned subsidiary of the Company.The Board of Directors of the Company had approved the acquisition of entire equity share capital of its subsidiary namely Travel News Services (India) Pvt.

The Company has a pan India presence with 1511 stores serving customers in nearly 428 cities through over 16.14 million square feet of total retail space for various formats of the Company as on March 31 2019.

2021

Globally, 32% of consumers will buy from brands that support social and political issues that align with their values and 27% will go so far as to boycott brands that do not, according to Euromonitor International’s Voice of the Consumer: Lifestyles Survey 2021.

In 2021, Walmart overtook eBay as the 2nd largest e-commerce store in the US, with Amazon remaining number 1.

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Founded
2004
Company founded
Founders
Ola Levin
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Zippia gives an in-depth look into the details of Retail Future, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Retail Future. The employee data is based on information from people who have self-reported their past or current employments at Retail Future. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Retail Future. The data presented on this page does not represent the view of Retail Future and its employees or that of Zippia.

Retail Future may also be known as or be related to Retail Future and Retail Future Ltd.