Kindly provide the objective of Pantaloons
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Strategies of Pantaloon retail (India) limited
STRATEGIES OFPANTALOON RETAIL (INDIA) LIMITED
Back ground
Pantaloon Retail (India) Limited is India¶s largest leading retailers. It operates onmultiple platforms like Value and life style segment in the Indian consumers market. Companyhead quarters located in Mumbai. As on Feb 2009 Company operates over 12 million square feetof retail space, 1000 stores in 71 cities with employee strength of 30,000 people. The company isin aspect of giving retailing a modern look with reachable for middle and middle lower class people. Retailing includes retail formats like Pantaloons, Big bazzer, Food bazzar, brand factory,Blue sky, and Top 10, Star & sitar and e zone. The company also operates on online future bazzar.com for upper class that can get internet connectivity. Home Town a large-format homesolutions store.Pantaloon Retail is the flagship company of Future Group, a business group catering tothe entire Indian consumption space. Future Group led by its founder and Group CEO, Mr.Kishore Biyani, is one of India¶s leading business houses with multiple businesses spanningacross the consumption space. While retail forms the core business activity of Future Group,group subsidiaries are present in consumer finance, capital, insurance, leisure and entertainment, brand development, retail real estate development, retail media and logistics. [1]
Corporate statement
Our customers will not just get what they need, but also get them where, how and whenthey need.
We will not just post satisfactory results, we will write success stories.
We will not just operate efficiently in the Indian economy, we will evolve it.
We will not just spot trends, we will set trends by marrying our understanding of theIndian consumer to their needs of tomorrow.