Caught in between
India, Nov. 28 -- Kishore Biyani was Indian retail's poster child 15 years ago, featured on the covers of top business magazines and being a regular on the front pages of financial dailies. We were told that he was building a retail empire through Future Group that would rival that of the Walton family's Walmart. He even wrote a book, It Happened In India, to celebrate his success. His Big Bazaar store sales on national holidays attracted thousands of people and there were kilometre-long lines outside outlets in order to get a bargain. But Biyani, like many others in different industries, never saw the internet coming and it hit his business like a freight train. The irony of a group named "Future" not realising the future of retail will ...
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