Pantaloon Retail (India) Limited, the Mumbai-based retail company, operates multiple retail formats in both the value and lifestyle segment of the Indian consumer market. The company operates over 12 million square feet of retail space, and has over 1000 stores across 71 cities in India and employs over 30,000 people. For the period of July 2008-2009 Pantaloon Retail generated a revenue of Rs 6342 crore.
Pantaloon Retail received the award “International Retailer of the Year 2007” by the US-based National Retail Federation (NRF) and the “Emerging Market Retailer of the Year 2007” at the World Retail Congress held in Barcelona.
Growth & Expansion
In the last fiscal the company’s topline grew in excess of 25 per cent. The company is aiming to grow between 30-35 per cent this financial year. To meet this end the company would be investing Rs 400 crore in new stores during the rest of this fiscal.
Total retail space : Over 12 million sq ft
Total stores : Over 1000
Total revenue generated : (July 2008-July 2009) : Rs 6342 crore
Topline growth (this fiscal year) : 25 per cent
“We believe that customer confidence is back, and retail is definitely back on the growth track. Future Group’s credo is to deliver Everything, Everywhere, Everytime for Every Indian Consumer in the most profitable manner.”
Kishore Biyani, Founder-MD, Pantaloon Retail
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