Retail space expansion and various schemes enables India's largest apparel retailer Pantaloon Retail to aspire for 100 percent growth in this quarter itself.
Marketing President, Sanjeev Agrawal said “Our company is very aggressive in this quarter, and this will be led by the Big Bazaar format, along with new store openings.
Last year in March quarter, company reported net sales of Rs 274.95 crore with net profit of Rs 10.69 crore.
He added that this time they are starting stand alone format stores including E-Zone, the lifestyle electronics store and Collection-I, the furniture store both of which will come up in Indore.
Company is also planning to build more Big Bazaar, Pantaloons and Fashion station stores in this quarter.
Company has 25 Big Bazaar stores across India and plans to open 6-7 within the quarter.
marketing@alchempro.com
