News: Pantaloon Retail May sales up 56 pct on yr

(RTR 09/06/2006) Mumbai - Pantaloon Retail (India) Ltd. said on Friday sales in May rose 56 percent to 1.95 billion rupees from 1.25 billion rupees a year earlier.

Sales at its hypermarkets and discount stores rose 72 percent to 1.41 billion rupees from 820 million rupees, while sales in its department stores climbed 27 percent to 547.4 million rupees from 431.2 million rupees.

During the month, the Mumbai-based retailer launched an e-commerce site and also set up a store to sell music, books and gifts, it said in a statement.