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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.
In 2016, Reliance Retail rebranded its hypermarket and mini-hypermarket formats–Reliance Mart and Reliance Super–under the name Reliance Smart. [20] In April 2016, it launched its online fashion retail platform called AJIO. [21] Reliance Retail largely grew organically until 2019, when it acquired the multinational toy retailer Hamleys. [22]
JioMart is an Indian e-commerce platform, owned by Reliance Retail. Launched in 2019, it initially focused on online groceries before expanding into other categories such as fashion, home essentials, electronics, and lifestyle products by adopting a marketplace model. [5] [6] [7] [8]
Future Group was an Indian conglomerate, founded by Kishore Biyani [1] and based in Mumbai.The company is known in Indian retail and fashion sectors, operating supermarket chains Big Bazaar and Food Bazaar, lifestyle stores Brand Factory and Central, integrated foods and FMCG manufacturing sectors.
Reliance Securities Limited is a broking arm of Reliance Capital. [1] It is one of India ’s largest retail broking houses with over 1 million customers and a pan- India presence at more than 1,700 locations. [ 2 ]
In August 2020, it was announced that Reliance Retail had reached a deal to acquire the retail and wholesale business of Future Group at $3.4 Billion. In 2022, around 200 retail stores of Future Group such as Big Bazaar were replaced by Smart Bazaar across the nation and many ended up just shutting down. [10]
Big Bazaar - owned by the Reliance Industries; Easyday - owned by Reliance Industries; Giant Hypermarket; ... Smart Club (out of business) Pakistan
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