India’s leading offline retailer Future Group is planning to open 10,000 new small format stores in the time to come. The retailer aims to increase its current revenues by more than 10 times with these openings. Currently, its turnover is around Rs. 5,000 crores and the target is to earn Rs. 60,000 crores.
Although Kishore Biyani, CEO, Future Group, did not reveal any definite time period to open these stores, he did mention that the small format stores will be spread over 2,500 sq. ft. of area.
At present, Future Group runs 1,700 stores combining both small and large outlets. Out of the total, it operated around 1,000 small outlets. The aim is to increase membership to 20 million through these stores.
The company is also going the digital way to enhance the shopping experience of its customers. Cashless checkout counters, AR & VR technology deployment in stores, and the creation of a database of customers to offer them new products and facilities are also being practiced by the retailer to boost its revenue in the future, as reported by a leading Indian daily.
Online retail is also getting a push at Future Group as it is initiating ordering services on its website and social media channels, to attract the online-savvy consumers.
Bharat Tex Special Report 2026 
