Home Town news and archive

Top level resignations at Future Group’s home business

Future Group has seen key executives leave its home retail division, Home Town. This happened over differences with expatriate managers. At least three senior company executives including its head of sourcing and ex-chief executive officer Mahesh Shah, senior functionaries in the furniture category, Abhishek Srivastava and Mark D’Souza and a key...

Apparel

Home Town sees turnaround

Kishore Biyani’s Future Group has seen a turnaround in home retailing after months of decline. And the reason for this is improved consumer sentiments and focused merchandising plans. Home retailing was a laggard among the group’s flagship Pantaloon Retail’s three business segments — value, lifestyle and home. But as business is improving, Home...