RIL terminates lease for 835 stores: Future – Times of India

Mumbai: Future Retail stock is reported exchanges that he has received sub-lease termination notice Reliance Group 342 Entities for large format stores such as Big Bazaar, Fashion@Big Bazaar (fbb) and 493 smaller format stores such as the company’s EasyDay and Heritage stores. These stores contributed 55% to 65% of operating retail revenue.
“As of now, these stores are not operational for stock and inventory reconciliation. The company is in constant discussion with Reliance Group to maintain status quo and protect the interests of various stakeholders,” the company said.