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<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Commons</div></div></div>Millennial dads could be the future of <keyword id="6354851" type="ORGANIZATION" weightage="100" keywordseo="Retail">retail</keyword>.According to a recent report from Mintel, young dads could be extremely profitable to retailers and companies should start marketing to them.Men <a href="http://www.businessinsider.com/photos-of-men-who-hate-shopping-2014-2" target="_blank">stereotypically dislike shopping</a>, but it turns out that changes when they have kids.Young dads actually like shopping with their children. In fact, Mintel highlights how they prefer to shop for their kids over shopping for themselves.They see value in shopping with their kids."Millennial dads view shopping with their kids as a way to bond and teach them valuable lessons," the report says.Don't believe that men could like shopping? Just look at this data that Mintel collected this past fall:<div class="KonaFilter image-container display-table"><div><div class="image on-image">Mintel</div></div></div>But many retailers appear to be casting young dads aside. Mintel points out that dads are often after-thoughts to mothers, who stereotypically do the family shopping.Retailers are already <a href="http://www.businessinsider.com/retailers-are-clamoring-over-a-specific-kind-of-millennial-2016-3" target="_blank">obsessed with millennial moms</a>, as Business Insider's Hayley Peterson recently wrote.Many companies have been working hard to hook young moms. <a href="http://www.businessinsider.com/chick-fil-a-mom-valet-service-2016-1" target="_blank">Chick-fil-A has launched a "Mom's Valet" service</a>, which assists parents in getting high chairs and tables ready for their kids when dining in. Meanwhile Starbucks locations in the UK have been <a href="http://www.businessinsider.com/starbucks-is-making-an-unprecedented-move-to-hook-millennial-moms-2016-3" target="_blank">stocking their stores with baby goods</a> like diapers, and teaching their employees to safely warm milk bottles. Some retailers are starting to realize the importance of the young dad market, however. The report highlighted a store in Portland, Oregon called Seahorses, which set out to capture dads with in-store experiences like classes (and there was free Wi-Fi, too). Millennials, who are ages 18-34, make up a massive demographic. According to data from the <a href="http://www.pewresearch.org/fact-tank/2016/04/25/millennials-overtake-baby-boomers/" target="_blank">Pew Research Center</a>, they've recently surpassed baby boomers as the largest generation. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/bethenny-frankel-advice-for-working-moms-2016-1">Skinnygirl founder Bethenny Frankel has some great advice for working moms</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="B3eWd5eDp2q-RLzI1JpvhmVGNFEuG_TR" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Millennial dads are the future of retail

E-commerce giant <keyword id="18635" type="CITY" weightage="20" keywordseo="Amazon">Amazon</keyword> has moved the Supreme Court against the Future-Reliance Retail deal. On February 8, the Delhi High Court had stayed the implementation of status quo ordered by a single-judge bench on the Rs 24,713-crore deal between Future Retail Ltd and Reliance. The e-commerce company has challenged this Delhi High Court Division Bench order, which stayed the implementation of the "status quo" on the deal. The Division Bench of Chief Justice D.N. Patel and Justice Jyoti Singh noted: "There was no reason to seek a status quo order from single-judge bench. Statutory authorities cannot be restrained from proceeding in accordance with law". The bench also observed that Future Retail Ltd is not a party to the Arbitration Agreement and hence, the group of companies doctrine cannot be invoked. "Observations are only prima facie. Single judge not to be influenced," the High Court had noted. Earlier, Future Retail Ltd had moved the division bench to appeal against the status quo order passed by Justice J.R. Midha. According to sources, Amazon filed an appeal in the top court after the high court dealt a blow to the US firm by revoking a previous court decision that effectively blocked the deal. In its plea, Amazon contended that the division bench should have waited for a detailed single-judge order and urged the top court to stay this order. Amazon had moved the Delhi High Court last month for enforcement of the Emergency Award. It had alleged that Future Group's <keyword id="44950" type="PERSON" weightage="20" keywordseo="Kishore-Biyani">Kishore Biyani</keyword> as well as other promoters and directors were "deliberately and maliciously" disobeying the Emergency Award in spite of their participation in the arbitration proceedings.

Amazon, Future Retail battle far from over – Jeff Bezos-led e-commerce giant moves Supreme Court to stop Kishore Biyani’s deal with Reliance

This post is part of the "<a href="http://www.businessinsider.com/category/future-of-business">Future of Business</a>" series, which examines how cutting-edge technologies are rapidly reshaping our world, from how businesses run to how we live. "<a href="http://www.businessinsider.com/category/future-of-business">The Future of Business</a>" is sponsored by SAP.
<a href="http://www.businessinsider.com/category/future-of-business">See more Future of Business &gt;&gt;</a><div class="image-container float_right" style="width:400px"><div class="image"></div><a href="http://www.wallyhood.org/wp-content/uploads/2012/11/20121029_124037.jpg">Courtesy Hointer</a>Hointer takes the humans out of stores and replaces them with a robotic sales staff. </div>The <keyword id="6354851" type="ORGANIZATION" weightage="100" keywordseo="Retail">retail</keyword> industry is changing more than ever before. 
E-commerce has disrupted the brick-and-mortar format we've used for hundreds of years. Consumers have more options than ever before and will only spend their money on the very best option. 
To keep up, retailers need to be vigilant across channels and give customers many options for purchasing products. They also need to engage with customers through social media. 
We've illustrated how the industry is changing using charts and data. We also used examples of retailers who are already implementing changes for the future. 
Some of the charts in this presentation are from <a href="https://intelligence.businessinsider.com/welcome?utm_source=House&amp;utm_medium=Edit&amp;utm_term=FOR&amp;utm_content=link&amp;utm_campaign=BIIMobile" target="_blank" title="BI Intelligence">BI Intelligence</a>, a research and analysis service focused on mobile computing and the Internet. Subscribers <a href="https://intelligence.businessinsider.com/welcome?utm_source=House&amp;utm_medium=Edit&amp;utm_term=FOR&amp;utm_content=link&amp;utm_campaign=BIIMobile">can download these individual charts</a> and their underlying data. Please <a href="https://intelligence.businessinsider.com/welcome?utm_source=House&amp;utm_medium=Edit&amp;utm_term=FOR&amp;utm_content=link&amp;utm_campaign=BIIMobile" target="_blank" title="Business Insider Intelligence">sign up for a free trial here</a>.

The Future Of Retail [SLIDE DECK]

Market regulator SEBI gave a go-ahead on Wednesday to <keyword id="44949" type="CITY" weightage="20" keywordseo="Future-group">Future Group</keyword>'s scheme of arrangement and sale of assets to <keyword id="10926" type="CITY" weightage="20" keywordseo="Reliance">Reliance</keyword>, based on which the Bombay Stock Exchange also granted its "no adverse observation" report to the Rs 24,713-crore deal. Amazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no objection certification on ground that its challenge to the agreement was before the Delhi High Court. The Securities and Exchange Board of India allowed the deal with some riders, five months after it was announced last August. While seeking shareholders or the National Company Law Tribunal approval, the SEBI has asked Future Group to specifically mention the litigation pending before the Delhi High Court and arbitration proceedings by the e-commerce major Amazon contesting the deal, the Bombay Stock Exchange stated in its observation letter. The BSE has also held that SEBI's go-ahead on the draft scheme of arrangement would be subject to the outcome of these proceedings. "It is observed that there are certain ongoing litigations/arbitration/legal proceedings against the draft scheme," the SEBI said. "In view of the same, the company is advised that these comments of SEBI on the draft scheme of arrangement are subject to the outcome of any of the ongoing litigations/arbitration/legal proceeding involving the draft scheme and/or the decision by any competent authority/competent court in this regard," it said. Commenting on the development, a Amazon spokesperson said: "The letters issued by BSE &amp; NSE clearly state that comments of SEBI on the "draft scheme of arrangement" (proposed transaction) are subject to the outcome of the ongoing arbitration and any other legal proceedings. We will continue to pursue our legal remedies to enforce our rights." The SEBI has directed that Future Group shall ensure that the details of the complaints made by Amazon.com NV Investment Holdings LLC and submission of its group firm <keyword id="375475" type="COMPANY" weightage="20" keywordseo="Future-Retail">Future Retail</keyword>. The market regulator directed Future Group to ensure that suitable disclosure about the latest financials of the companies involved in the scheme being not more than six months old was done before filing the same with the NCLT, the BSE said its observation letter. "In the light of above, we hereby advise that we have no adverse observations with limited reference to those matters having a bearing on listing/de-listing/continuous listing requirements within the provisions of Listing Agreement, so as to enable the company to file the scheme with Hon'ble NCLT," the BSE said. The validity of this observation Letter shall be six months, within which the scheme shall be submitted to the NCLT, according to BSE. The exchange reserves its right to withdraw its 'no adverse observation' at any stage if the information submitted is found to be incomplete/incorrect/misleading/false or for any contravention of rules, by-laws and regulations of the exchange, listing agreement, guidelines/regulations issued by statutory authorities," it said. In August 2019, Amazon had agreed to purchase 49 per cent of one of Future's unlisted firms -- Future Coupons Ltd -- with the right to buy into the flagship Future Retail after a period of three to 10 years. Future Coupons holds 7.3 per cent equity in the BSE-listed Future Retail, which operates popular supermarket and hypermarket chains like Big Bazaar -- through convertible warrants. Amazon had dragged Future Group to arbitration at the Singapore International Arbitration Centre (SIAC), arguing that Future violated its contract with the US firm by entering into the deal with rival Reliance. Last October, the SIAC had passed an interim award in favour of Amazon with a single-judge bench of V K Rajah barring Future Retail from taking any step to dispose of or encumber its assets or issuing any securities to secure any funding from a restricted party. Later, the Future Group approached the high court requesting to restrain Amazon from writing letters to regulatory authorities about the SIAC arbitral order. On December 21, a single-member bench rejected it but gave a go-ahead to the regulators to decide over the deal. The court had also made several observations indicating that Amazon's attempt to control Future Retail through a conflation of agreements Amazon has with an unlisted unit of the Indian company would be violative of the Foreign Exchange Management Act and the foreign direct investment rules. Amazon has now challenged the order before the division bench. Moreover, a three-member tribunal comprising Singaporean barrister Michael Hwang, Albert van den Berg and Jan Paulsson, has been formed at the SIAC to look into the tussle between Amazon and Future Group. It has countered Amazon's claims, saying the e-commerce giant had failed to provide any help to the debt-laden firm that suffered a massive setback during the coronavirus lockdown. Amazon contends that there were ongoing discussions on multiple options with partners and with the promoters of Future.

You Searched For "future of retail" and got 4 results

Millennial dads are the future of retail

Mallory Schlossberg

Amazon, Future Retail battle far from over – Jeff Bezos-led e-commerce giant moves Supreme Court to stop Kishore Biyani’s deal with Reliance

IANS

The Future Of Retail [SLIDE DECK]

Kim Bhasin,Ashley Lutz

Future Retail-Reliance deal gets SEBI approval, Amazon says it will continue to fight legally

PTI

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