Indian Retail Industry-Pantaloon Retail (India) Ltd. Part VIII

Pantaloon Retail India Limited

Company Overview

Pantaloon Retail (India) Limited is the country’s largest retail company that is publicly traded. It operates several retail formats in the lifestyle and value segment of the consumer market in the country. Headquarter of the company is located in Mumbai, the financial capital of India. Pantaloon, at present, operates in more than 16 million square feet of space. There are over 1000 stores that are located at 73 cities of the country. According to the recent annual report of the company, it employs more than 33,000 people (Pantaloon-b, n.d.). Throughout the country almost 190 million customers choose Pantaloon as their shopping destination. Pantaloon was founded by Kishore Biyani in 1997. From then on the company has been led by him. It is believed that Biyani has changed the face of Indian organized retail. Currently, he is the managing director as well as he Group Chief Executive Officer of the entire Future Group. As far as retail formats are concerned, Pantaloon operate retail chains in fashion segment, has a chain of hypermarket and a chain of supermarket. The fashion retail chain is renowned as Pantaloons, the hypermarket format operates under the name of Big Bazaar and the supermarket chain operates under the brand name of food bazaar. In addition to these formats, the company also deals with other retail chains like Brand Factory, aLL, Blue Sky, Star and Sitara and Top 10. Furthermore there is an online portal named futurebazaar.com.

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