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Company type | Private |
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Industry | Retail |
Founded |
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Founder | Kishore Biyani |
Headquarters | Mumbai, Maharashtra, India |
Number of locations | 30 stores nationwide (August 25, 2019) [1] |
Area served | India |
Key people | |
Products |
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Owner | Reliance |
Parent | Reliance Retail |
Reliance Smart Bazaar, formerly known as Big Bazaar, is an Indian retail chain of hypermarkets, discount department stores, and grocery stores. The retail chain was founded by Kishore Biyani under his parent organisation Future Group, [3] which is known for having a significant prominence in Indian retail and fashion sectors. Big Bazaar is also the parent chain of Food Bazaar, Fashion at Big Bazaar [4] (abbreviated as fbb) and eZone where at locations it houses all under one roof, while it is sister chain of retail outlets like Brand Factory, Home Town, Central, eZone, etc.
Founded in 2001, [5] Big Bazaar is one of the oldest [6] and largest hypermarket chains [7] [8] of India, housing about 300+ stores in over 120 cities and towns across the country. [9] In February 2022, Reliance Industries took control of over 200 Future group stores and rebranded Big Bazaar as Reliance's Smart Bazaar Stores. [10]
Big Bazaar was founded in 2001 by Kishore Biyani, the founder and CEO of the parent company, the Future Group.
In 2020, Big Bazaar was acquired by Reliance Retail, the retail division of the Reliance Industries, as part of a ₹24,713 crore ($3.36 billion) sale transaction of Future Group. However, the deal was called off on 23 April 2022 after FRL's creditors voted against going forward with it. [11] [12] Reliance Retail launched its new retail format by the name of Reliance Smart Bazaar, that cater to consumer needs. It offers online and offline services to the customer. Online shopping services can be availed using the JioMart platform.
According to The New Indian Express report in September 2022, the Bhubaneswar Municipal Corporation (BMC) fined Reliance Smart Bazaar Rs 1.5 lakh for allegedly putting up posters and hoardings without permission. The fine included Rs 1 lakh for kiosk advertisements and Rs 50,000 for hoardings. The advertisements, placed between September 2 and 8, violated the BMC Advertisement Regulations 2006 and were deemed a public nuisance. [13]
Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai, India. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports.
A big-box store, a hyperstore, a supercenter, a superstore, or a megastore is a physically large retail establishment, usually part of a chain of stores. The term sometimes also refers, by extension, to the company that operates the store. The term "big-box" references the typical appearance of buildings occupied by such stores.
Trent Limited is an Indian retail company, which is part of the Tata Group and based in Mumbai. Started in 1998, Trent owns and operates fashion and lifestyle retail formats such as Westside, Zudio and Utsa. The company also runs retail chains like Star Bazaar and Zara through joint ventures.
Shoppers Stop is an Indian department store chain, owned by the K Raheja Corp. There are 108 stores across 45 cities in India, with clothing, accessories, handbags, shoes, jewellery, fragrances, cosmetics, health and beauty products, home furnishing, and decor products. Shoppers Stop is listed on the BSE and NSE.
Bharti Enterprises is an Indian multinational conglomerate, headquartered in Delhi, India. It was founded in 1976 by Sunil Bharti Mittal. Bharti Enterprises owns businesses spanning across telecommunications, manufacturing, insurance, real estate, hospitality, and food. The group's flagship company, Bharti Airtel, is a telecom service provider with operations in more than 18 countries across Asia, Africa and Europe. The company ranks amongst the top two mobile network operators globally by number of subscribers.
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Idiom Design and Consulting is a design firm and consultancy based in Bangalore, India.
Kishore Biyani is an Indian businessman who is the Founder & CEO of Future Group, one of India's biggest brick-and-mortar retailers. He is also the founder of retail businesses such as Pantaloon Retail and Big Bazaar.
MORE is an Indian food and grocery retail store chain. More operates its stores under two formats; More Supermarkets and More Hypermarkets. More also offers an online grocery service via its mobile app. More Retail was previously known as Aditya Birla Retail Limited when it was part of the Aditya Birla Group before More was sold to investors led by Samara Capital and Amazon. More Retail has a network of 878 Supermarkets in 30 cities and 42 Hypermarkets in 12 cities.
Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of supermarkets and hypermarkets. The company was founded by Radhakishan Damani and is based in Mumbai. As of September 2024, DMart has 377 stores across 12 states and union territories in India.
Biba Apparels is an Indian fashion brand for women and girls founded by Meena Bindra in 1988 in New Delhi. It has more than 150 brand outlets and 225 multi-brand outlets. Biba recorded sales of INR 600 crore in 2014-15.
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On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series. It also announced the issuance of new ₹500 and ₹2,000 banknotes in exchange for the demonetised banknotes. Prime Minister Narendra Modi said that this decision would curtail the shadow economy, increase cashless transactions and reduce the use of illicit and counterfeit cash to fund illegal activity and terrorism.
Radhakishan Shivkishan Damani is an Indian billionaire businessman and investor. He is the founder and chairman of retail chain DMart. Damani is referred to as the "retail king" of India.