The Downfall of Future Retail
https://blog.finology.in/business/downfall-of-future-retail Harshit Roy is a BMS student at St. Xavier's College, Kolkata majoring in finance. He is bibliophile in nature, and quite eager to learn and read about new things in life. The story of Future Retail is a classic story of riches to rags. Once a market leader of the retail segment, Future Retail's poor management eventually led the entire company to an unfortunate sell-off. If you have been following the news, then you must be aware of the feud between Reliance and Amazon over Future Retail. Reliance Retail has bought Future Retail from Kishore Biyani. The present scenario of Future Retail's business raises quite a lot of questions like the following: "Why has Future Retail been sold?" "Why are Reliance and Amazon fighting over Future Retail?" "What led to the ultimate downfall of Future Retail?" Future Retail has been a prominent player in the Indian retail market