FRL to focus on core format post demerger of home retail biz

Future Retail, which is demerging its home retail and e-commerce home retail businesses into a single entity -- Praxis Home Retail -- would concentrate on core format of small store and big store retail from now on.

"This is demerger of the home retail business. We are separating the speciality retail and would concentrate on the small-store and big-store retail," Future Group CEO Kishore Biyani told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)