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Future Group plans expansion by 2022 using Google, Facebook technology

Future Group said it aims to attract 2,000 customers to each of the stores

Future Group
(From left to right) N Venkatram, CEO, Deloitte India, Kishore Biyani, Group CEO, Future Group, Haresh Chawla, Partner at True North and Rajan Anandan, MD, Google India at the unveiling of New Retail 3.0 in Mumbai (Photo: Kamlesh Pednekar)
Reuters
Last Updated : Nov 21 2017 | 10:02 PM IST

Indian fashion and retail conglomerate Future Group said on Tuesday it plans to open 10,000 member-only stores by 2022, utilising the technology and data of Alphabet Inc's Google and Facebook Inc.

Google will help Future Group to identify locations, while Facebook will help determine customer demographics as well as social engagement, Chief Executive Officer Kishore Biyani told reporters in Mumbai.

Future Group said it aims to attract 2,000 customers to each of the stores, Biyani added.

Deloitte will act as the group's consulting partner.

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First Published: Nov 21 2017 | 8:51 PM IST

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