Kishore Biyani: Kishore Biyani was the retail king of India and owner of Big Bazaar (Kishore Biyani) Once again he is going to rock the market. He recently paid off a loan of Rs 476 crore. However, this time his nephew Vivek Biyani (Vivek Biyani) and daughters Avni Biyani and Ashni Biyani (Ashni Biyani is going to take over the reins. Vivek Biyani has announced his intention to work on Broadway (Broadway) has announced the launch of a retail chain named . More than 100 brands will be available in one place in this,
Rana Daggubati, Apoorva Salarpuria and Anuj Kejriwal will be partners
Vivek Biyani has joined hands with actor Rana Daggubati, Apoorva Salarpuria of Salarpuria Group and Anuj Kejriwal of Enrock for Broadway. The company’s first store is going to open in Ambience Mall in Vasant Kunj, Delhi in August this year. After this, Broadway will be launched in Hyderabad in September and in Mumbai in March 2025. Its stores will be spread over about 25 thousand square feet. These will also include Avni Biyani and Ashni Biyani Biyani’s cafe Foodstories. Facilities like salon, health and wellness consultation room, sampling station and studio will also be available here.
Will give ample opportunity to digital brands to enter offline retail space
Vivek Biyani said that we want to change the market on the lines of We Work. We will take Broadway forward by understanding the needs of the customers. We will give ample opportunity to digital brands to enter the offline retail space. Social media has changed the way people think and buy. Broadway will work keeping this in mind, Coming together with Rana Daggubati, Enrock Group and Salarpuria Group will make our work very easy. This new brand can give tough competition to Reliance Retail and Dmart.
Reliance Retail has made Big Bazaar a smart market by purchasing it
Kishore Biyani introduced India to supermarket shopping by launching Big Bazaar in 2001. But, Kishore Biyani’s Future Group got stuck in a debt trap. He had to sell his business to Reliance Retail for Rs 24,500 crore. Reliance changed the name of Big Bazaar to Smart Bazaar. With this, Big Bazaar became a part of history in the Indian business world.
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