News: Pantaloon plans 10 new outlets in South
(TNN 08/04/2006) Bangalore - In a bid to take advantage of the huge consumer spending, Pantaloon Retail (India) has firmed up big expansion plans for South India in ’06. The company plans to set up 10 new stores in the region, including one in Mangalore.
“We will add 3-4 Big Bazaar stores in Bangalore this year, while the rest of the Big Bazaar and Pantaloon stores will be added in other metros of the South. We will also open one outlet in Mangalore next month,” Vishnu Prasad, president, operations, south zone, Pantaloon Retail (India), told ET.
Pantaloon is also looking to set up outlets in second-rung cities like Belgaum, Hubli, Dharwad and Mysore in ’07, he added.
The company, on Friday, opened its third Big Bazaar outlet on Double Road in Bangalore, taking the tally to 25 stores across the nation. The 42,000 sq ft store will offer over 1,60,000 products. It will also have a Food Bazaar within the store.
“We will add 3-4 Big Bazaar stores in Bangalore this year, while the rest of the Big Bazaar and Pantaloon stores will be added in other metros of the South. We will also open one outlet in Mangalore next month,” Vishnu Prasad, president, operations, south zone, Pantaloon Retail (India), told ET.
Pantaloon is also looking to set up outlets in second-rung cities like Belgaum, Hubli, Dharwad and Mysore in ’07, he added.
The company, on Friday, opened its third Big Bazaar outlet on Double Road in Bangalore, taking the tally to 25 stores across the nation. The 42,000 sq ft store will offer over 1,60,000 products. It will also have a Food Bazaar within the store.
posted by InCar Group Press Room at 02:08
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