Retailers need to get ‘hyper’

This year, Kishore Biyani’s Future Group will celebrate its fifteenth anniversary. Biyani must be a happy man because although not everything has gone his way—in April, he sold off the apparel business to the Aditya Birla group—he has managed to build a business that any foreign retailer would love to get its hands on. Biyani was an early mover, having started out in 1997, and, given his talent for spotting prime real estate, very soon Pantaloon stores were mushrooming across the country.

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