Amazon has written to Big Bazaar parent Future Retail (FRL) in an effort to block the probable sale of the latter’s small-format chain of stores that operate under the Easyday and Heritage Fresh brands. The US e-tailer has offered financial help to the cash-strapped retailer. The development comes against the backdrop of an ongoing legal battle between the two retail heavyweights on the one hand and FRL’s lenders looking to sell the stores to recover Rs 3,500 crore in dues on the other.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3rDknWI
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