Showing posts with label Pantaloon Retail (India) Limited. Show all posts
Showing posts with label Pantaloon Retail (India) Limited. Show all posts

Friday, February 1, 2008

Pantaloon Retail Announces Launch of Big Bazaar in Barrdhaman City

Pantaloon Retail (India) Limited, a part of the Future Group, today announced the launch of its flagship hypermarket retail store – Big Bazaar – in Barrdhaman city. With this launch the company has further enhanced its reach to the masses in Eastern India having 14 Big Bazaar stores, while for the country; the count goes upto 80 stores.


Big Bazaar is widely known for its unbelievable pricing and unmatched offers throughout the year. Spread over an area of 62,000 sq.ft, Big Bazaar located at Barddhaman Arcade, 66 B B Ghosh Road, will cater to every single household needs for the citizens of the city and its neighbourhood towns.

Says Mr. Sandeep Marwaha, Head Operation, East Zone, Pantaloon Retail (I) Ltd., "Big Bazaar will bring convenience plus rich shopping experience to the people of Barrdhaman. We are a consumer-driven company and we ensure that all our Big Bazaar stores fulfills the needs of the entire household under one roof.

“Big Bazaar maintains stringent procurement norms and quality control measures to ensure quality products sold at every Big Bazaar stores. We are confident of our offerings both in quality and competitive pricing, which has earned us the trust of millions of family across the country, added Mr. Marwaha.”

Trusted by millions of family across the country, Big Bazaar will bring value to customers shopping, with its unmatched offers, discounts and unbelievable round the year promotions on all categories be it personal care products, garments, footwear, toys, home décor, home utilities, kitchen utilities, packed food, pulses, fruits or vegetables, groceries and many more.

About Pantaloon Retail (India) Limited

Pantaloon Retail (India) Limited is a leading retailer with a turnover of over Rs. 3550 crore for the financial year 2006-07. Headquartered in Mumbai, the company operates through primarily the ‘Lifestyle’ and ‘Value’ formats through multiple delivery mechanisms and lines of business — some of them being, fashion, food, general merchandise, home, leisure and entertainment, financial services, communications and wellness. The company has stores in 51 cities across the country, constituting over 6 million square feet of retail space. The company caters to the ‘Lifestyle’ segment through its 35 Pantaloons Stores and 5 Central Malls, as well as its other concepts. In ‘Value’ retailing it is present through 78 Big Bazaar hypermarkets, 113 Food Bazaars and other delivery formats.

Source : Pantaloon Retail (India) Limited

Pantaloon Retail Announces Launch of Big Bazaar in Ahmednagar

Pantaloon Retail (India) Limited, part of the Future Group, today announced the launch of its flagship hypermarket format - Big Bazaar – in Ahmednagar. With today’s launch, the company has further enhanced its reach to the masses in Maharashtra, with Ahmednagar Big Bazaar being the 18th store in the State, while overall tally goes upto 76 Big Bazaar stores in the country.

As part of the launch offer, customers shopping for a minimum of Rs 499/- on a single bill will get sugar on a discount prize of Rs 4.99/- per Kg (maximum 5 kg). The offer will be valid till December 31st 2007.

Big Bazaar, which displays around 1.6 lakh products under various categories, is widely known for its unbelievable pricing and unmatched offers throughout the year and is a source for mega cost savings for every home. Spread over an area of around 31,000 sq.ft, Big Bazaar located at Sarda Tower, Sarda Mill Compound, Savedi Road is Ahmednagar’s first biggest hypermarket store which will cater to every single household needs for the citizens, under one roof.

Trusted by millions of family across the country, Big Bazaar will bring value to customers shopping, with its unmatched offers, discounts and unbelievable round the year promotions on all categories be it personal care products, garments, footwear, toys, home décor, home utilities, kitchen utilities, packed food, pulses, fruits or vegetables, groceries and many more.

The Ahmednagar Big Bazaar will also house Navaras – a national brand known for fine 22 carat pure gold and diamond jewellery. Navaras offers a wide range of designs in gold and diamond jewellery other than providing nine unique benefits like BIS Hallmarked jewellery, free cleaning and polishing, insurance cover against theft & burglary, transparent making charges, zero percent weight loss, buyback, karatmeter check etc.

Says Mr. Sharad Venkata, Business Manager, West Zone, Big Bazaar, "Big Bazaar will bring convenience plus rich shopping experience to the people of Ahmednagar. We are a consumer-driven company and this is evident in every aspect of Big Bazaar. We ensure that all our Big Bazaar stores will fulfill the needs of the entire household under one roof.

“Big Bazaar maintains stringent procurement norms and quality control measures to ensure quality products sold at every Big Bazaar stores. We are confident of our offerings both in quality and competitive pricing, which has earned us the trust of millions of family across the country, added Mr. Vankata.”

The Ahmednagar Big Bazaar will also have following section devoted to specific product categories:

Food Bazaar: All food items, pulses, grains, fruits, vegetables, utensils, ready-to-eat food.
M-Bazaar: A mobile shop offering latest and affordable handsets.
Star & Sitara : Beauty products for men and woman.
Depot : Book shop offering novels, cassettes & CDs, stationeries, books.
Navaras : A fine 22 carat pure gold & diamond jewellery brand shop.
Furniture Bazaar: Offers an entire range of Home Furniture at affordable pricing.
Electronic Bazaar : Offers the best deals in branded electronic goods & appliances.
Apparel : For Ladies, Mens, Kids for all season. Western, ethnic, casuals & formals.
Appliances: All Kitchen Appliances like Mixer Grander, Toster, Microwave, Juicer etc
GM-Home: Entire range of kitchen need, Utensils, Plasticswear, Home-linen.
GM-Fashion: Accessories, Luggage, Gift items and many more…

About Pantaloon Retail (India) Limited

Pantaloon Retail (India) Limited is a leading retailer with a turnover of over Rs. 3550 crore for the financial year 2006-07. Headquartered in Mumbai, the company operates through primarily the ‘Lifestyle’ and ‘Value’ formats through multiple delivery mechanisms and lines of business - some of them being, fashion, food, general merchandise, home, leisure and entertainment, financial services, communications and wellness. The company has stores in 45 cities across the country, constituting over 6 million square feet of retail space. The company caters to the ‘Lifestyle’ segment through its 35 Pantaloons Stores and 5 Central Malls, as well as its other concepts. In ‘Value’ retailing it is present through 76 Big Bazaar hypermarkets, 110 Food Bazaars and other delivery formats.

Source : Pantaloon Retail (India) Limited

Thursday, January 31, 2008

Pantaloon Retail posts 62.9 per cent increase in income for the quarter ended December 31, ‘07

Pantaloon Retail (India) Limited, part of the Future Group, declared its unaudited financial results for the quarter ended December 31, 2007 wherein the Income from operations (Rs.1226.75 crore) for the quarter increased by 62.9 per cent; and PBDIT (Rs.110.93 crore) increased by 93.06 per cent.

The Meeting of the Board of Directors was held as scheduled i.e. 22nd January 2007 and the Board inter‑alia took the following decisions:

- Board took on record the Unaudited Financial Results for the second quarter ended on 31st December 2007 along with the Limited Review Report of the Statutory Auditors, which are attached herewith.

- Board has approved setting up wholly owned subsidiary companies for Big Bazaar and Food Bazaar, Speciality Retail Business Activities and Property & Mall Management Division and transfer the respective businesses of the Company on a going concern basis to the respective subsidiaries, subject to receipt of all requisite statutory and other necessary approvals.

- Board noted the appointment of Mr. C. P. Toshniwal as Chief Financial Officer w.e.f 18/01/2008 in place of Mr. K. K. Rathi who has resigned.

About Pantaloon Retail (I) Ltd.

Pantaloon Retail (India) Limited, is India’s leading retailer that operates multiple retail formats in both the value and lifestyle segment of the Indian consumer marker. Headquartered in Mumbai (Bombay), the company operates over 7 million square feet of retail space, has over 1000 outlets (including shop-in-shops) across 53 cities in India and employs over 25,000 people.

The company’s leading formats include Pantaloons, a chain of fashion outlets, Big Bazaar, a uniquely Indian hypermarket chain, Food Bazaar, a supermarket chain, blends the look, touch and feel of Indian bazaars with aspects of modern retail like choice, convenience and quality and Central, a chain of seamless destination malls. Some of its other formats include, Home Town, Depot, Shoe Factory, Brand Factory, Blue Sky, aLL, Top 10 and Star and Sitara.

Source : http://www.pantaloon.com