Pantaloon Retail (India) Limited is part of the Future
Group. Here is a brief profile and history of Pantaloon Group.
Pantaloon Retail
Pantaloon Retail (India) Limited is India's leading retailer that
operates multiple retail formats in both the value and lifestyle
segment. Pantaloon has ushered a retail revolution in India and its
founder Kishore Biyani is known as India's "King of Retail".
Pantaloon's headquarter is in Mumbai. The company currently operates
over 5 million square feet of retail space and has plans to increase it
to 30 million sq. ft by 2011. Pantaloon has plans to open over 3000 new
stores by 2010.
Pantaloon's origin can be traced to 1987 when the company was
incorporated as Manz Wear Private Limited. The company launched
Pantaloons trouser, India's first formal trouser brand. In 1992,
Pantaloon launched its IPO. In 1994, The Pantaloon Shoppe - exclusive
menswear store in franchisee format was launched across the country.
Pantaloon started distribution of distribution of branded garments
through multi-brand retail outlets across the nation. In 2001, Big
Bazaar, India's first hypermarket chain was launched. In 2002, Food
Bazaar, the supermarket chain was launched. In 2006, Future Capital
Holdings, the company's financial arm launched real estate funds, "Kshitij"
and "Horizon" and private equity fund "Indivision".
The company is also planning forays into insurance and consumer credit.
Pantaloon Retail is the flagship company of Future Group. The lines of
business of Future Group are:
E-commerce: Pantaloon's website Futurebazaar.com has
revolutionized the e-commerce business in India. It offers a wide range
of products at affordable prices. It has been named as Best Indian
Website 2007 in the Shopping category by PC World.
Food: In food business, the group offers a host of options. Food
Bazaar - a chain of large supermarkets; Brew Bar - a beer bar; café
Bollywood - a national chain of eateries; Chamosa - a pan-Indian chain
of snack counters, and Sports Bar - a bistro focused on the world of
sports.
Fashion: The group offers a variety of options in fashion. Its
brands include aLL, Blue Sky, Central, Etam, Fashion Station, Gini &
Jony, Navaras, Pantaloons, and Top 10.
Home & Electronics: Options include: Collection i - a
lifestyle furniture store; Electronics Bazaar - offers branded
electronic goods and appliances; e-zone - trendiest electronics items;
Furniture Bazaar - entire range of Home Furniture; Home Town - one stop
destination for all the home needs.
Leisure & Entertainment: Options are: Bowling Co. -
state-of-the-art premium family entertainment centre, offering multiple,
novel and unique leisure and entertainment options; F 123 - offers a
wide range of gaming options ranging from bowling and pool to redemption
and interactive video games to bumper cars.
Wellness & Beauty: Options are: Health Village - a
state-of-the art spa and yoga centre; Star & Sitara: Beauty salon
for men and women; Tulsi - provides access to the best allopathic,
ayurvedic and homeopathic medicinal products; Turmeric - offers beauty
products like colour cosmetics, fragrances, herbal and specialty skin
items, hair products and bath accessories.
Books & Music: Future Group's brand - "Depot"
offers Books, CDs, and stationery items.
Major Achievements of Pantaloon Retail
- Chosen as International Retailer for the Year 2007
- Chosen as Emerging Market Retailer of the Year 2007
- Best Employers in India (Rank 14th) in the Hewitt Best Employers
2007 survey.
- Best Managed Company in India (Mid-cap) for the year 2006.
- Won Images Retail Awards 2006 for Best Value Retail Store, Best
Retail Destination, and Best Food & Grocery Store.
Note: The above information was last updated on 21-07-2007
