Retail Companies are those companies, which offer goods and services to customers through a proper channel or distribution network. Retail Companies are an important part of the economy and account for more than 23% of the country’s GDP.
The Indian Retail Sector is an enormous sector in the country, whose worth is nearly $500 Billion. It is growing swiftly and its value is expected to cross the mark of $1 Trillion by 2020.
Retail Companies not only ensures regular availability of goods along with right price, ambience and good quality all under one roof meanwhile also offering a large number of job opportunities.
Due to the presence of huge potential, many multinational and domestic companies have made debut in the retail sector. With the evolving urban lifestyle and growing income of consumers, the retail industry has shown tremendous growth has let myriad of retail companies step into the Indian markets.
Let’s have a bird’s eye view on top 10 Retail Companies in India.
10. Future Lifestyle Fashions
Future Lifestyle Fashions Limited owns chain of four retail store brands in the country, which are Central, Brand Factory, Planet Sports and I am in.
All their outlets in the country have made a significant image across the country for offering quality goods and products at reasonable prices.
9. V-Mart Retail
The company operates more than 124 stores across 107 cities in 14 states ,covering a total retail area of 10.20 Lac sq.ft. has secured the ninth position in the list of top 10 retail companies in India 2016.
The company offers a wide range of fashion products in a single store at unbelievable prices. Catering to the needs of the entire family under one roof by offering general merchandise, apparels, and grocery goods V-Mart is often preferred as trustworthy brand in the nation.
V-Mart is operating in tier II & tier III cities with the chain of “Value Retail” departmental stores.
8. Future Retail Limited
The brand operates six big retail divisions in the country. Big Bazaar, Foodhall, Fashion At Big Bazaar, eZone and Hometown are retail store chains operated by the company.
The company operates it’s prodigious presence in more than 95 cities with around 10 million square feet of retail space spread out in the country. The popularity of stores owned by the company can be traced from the fact that more than 300 million customers visit these stores every year.
7. Aditya Birla Retail Limited
Aditya Birla Retail Limited stands seventh in this list of top 10 retail companies in India 2016, has it’s Corporate office in Mumbai made debut in retail sector in the year 2007 is a part of Aditya Birla Group.
Aditya Birla Group’s brand portfolio includes brands such as Louis Phillipe, Peter England, Van Heusen, Trouser town, Allen Sollyetc.
The company operates two brand in the country, which are Supermarket and Hypermarket. Supermarket and Hypermarket both offers a wide range of products to customers that include groceries, home care, apparels, personal care, general merchandise etc.
Aditya Birla Retail Limited has are more than 480 Supermarkets and 16 Hypermarkets operating in the country. These stores offer customers a wide range of branded products at reasonable prices.
6. Landmark Group
The group caters its customers with 41 Brands (including 17 retail brands) 2030 Outlets Worldwide. The retail space covered by this group is 30 million Sq.ft.
The Landmark Group provides value-driven and quality products like apparels, home decor & electronics for the entire family covering through a diverse portfolio of core retail brand like Max, Splash, Centrepoint, Babyshop, Home centre, Lifestyle, Shoe Mart, SPAR hypermarkets, Foodmark, Fun City, Fitness First, Citymax India etc.
5. Pantaloons Fashion and Retail Limited
This flagship brand came into existence in the year 1997, has its headquarters in Mumbai. It is owned by Aditya Birla Nuvo Limited currently and has more than 1000 outlets across the country employing about 35000 employees.
The Pantaloons stores across the country sell branded clothing and accessories. Pantaloons Fashion & Retail’s market capitalisation was valued at Rs. 1,761.22 crore in May 2015.
The company retails more than 200 fashion brands in stores in the country. Pantaloons has made a distinct image and stands among the most trusted brands in the country.
Trent Limited, is the retail wing of the Tata Group was established in 1998, operates the famous Westside, Star Bazaar (a hypermarket chain), Landmark (a books and music chain) and Fashion Yatra (a complete family fashion store).
One of India’s largest and fastest growing chains of lifestyle retail stores, which offers a retail solutions in cosmetics, footwear, accessories, fashion apparels, home accessories and lots more.
Tent Limited operates 83 Westside stores in 50 cities in the country.
Traditional techniques, skills and hand-based processes are the key USPs of this brand thus, making its products natural, craft based, traditional, contemporary, and affordable.
Connecting over 55,000 craft based rural producers to modern urban markets Fabindia in the process of making exquisite products along with preserving India’s heritage, and creating a base for skilled & sustainable rural employment.
Fabindia has over 196 retail stores across India consisting an array of product range like garments, jewellery, accessories, home furnishings, non-textile products, organic food, personal care products and stationery.
2. Shoppers Stop
The company was incorporated in the year 1991 is currently, a leader in diversified market strategy.
Being a company of a retail network of 69 Shopper’s Stop stores in 33 cities, 48 of Crossword (including franchisees and shop–in–shops) stores, 19 Mothercare stores, 4 MAC and 25 Food, Beverage outlets and 3 HomeStop outlets.
The brand tag provides wide assortment of national and international brands across categories such as fashion apparel, accessories, cosmetics, home decor and lifestyle products.
1. Reliance Retail Limited
Founded in the year 2006, whose corporate office is situated in Mumbai, parented by Reliance Industries Limited, owns more than 40 subsidiaries and divisions, which serve more than 25 Lakh customers weekly.
Reliance Retail Limited deals with various good and services like consumer goods, food items, lifestyle, fashion, consumer ,electronics home decor, educational products etc. The company operates more than 1,700 stores across the nation, having a retail space of over 1 Crore square feet.
Reliance Fresh, Reliance Digital, Reliance Trends and Reliance Jewels are some of the divisions of the company.