Future Retail closes several stores in most of States amid COVID-19 outbreak

23 Mar 2020 Evaluate

Future Retail has closed most of its stores in most of the States, except selling only essential commodities and grocery items, in the wake of novel coronavirus (COVID-19) outbreak. The stores has been closed as directed by Local and State Government offices. The essential commodities and grocery items stores will operate till the time permitted by the respective local / regulatory authorities.

In view of the uncertainty created globally by this pandemic, the business of the company is adversely affected by temporarily shut down of stores, de-growth of revenue, sizable drops in footfalls and selective spending on essentials only by the Customers.

Future Retail offers food and grocery categories, fresh fruits and vegetables, meat and poultry, dairy products, staples, FMCG and processed foods, electronics and appliances, clothing and footwear, furniture and furnishing, and other household articles.

Future Retail Share Price

2.05 0.01 (0.49%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4529.35
Aditya Birla Fashion 205.50
Trent 3961.80
Future Retail 2.05
Electronics Mart Ind 191.00
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.