Pantaloon Retail

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The just-food interview - Rakesh Biyani, MD of Indian retailer Future Group

20 Sep 2012

With India - and the prospect of wide-ranging economic reforms in the country - in the international business headlines, there are few other more opportune times to meet Rakesh Biyani, joint managing director of Future Group, one of the country's largest retailers.

INDIA: Pantaloon Retail Q3 profits slide

17 May 2012

Pantaloon Retail, the retail subsidiary of Indian conglomerate Future Group, has booked a drop in third-quarter profits.

INDIA: Future "in talks to sell sourcing arm stake to Lawson"

22 Sep 2011

Future Group is in talks with Japan's convenience store chain Lawson to sell a 49% stake in its foods sourcing and manufacturing operations.

INDIA: Pantaloon sales, profits climb

16 May 2011

Pantaloon Retail, the retail subsidiary of Indian conglomerate Future Group, has booked an increase in sales and profits for the three months to the end of March.

INDIA: Bharti Wal-Mart plans expansion

6 May 2011

Wal-Mart Stores has revealed plans to have some 20 Best Price Modern Wholesale stores operating in India by the end of the year.

INDIA: Costs pressure hits Pantaloon margins

15 Feb 2011

Indian retailer Pantaloon Retail has seen bottom-line gains trail sales growth during its second quarter.

INDIA: Pantaloon posts profit increase

27 Apr 2010

Pantaloon Retail, a subsidiary of India's Future Group, has booked an increase in profits for the first nine months of the year.

INDIA: Big Bazaar eyes eastern expansion

24 Mar 2010

Indian conglomerate Pantaloon Group has confirmed that it intends to expand its retail operations in the east of the country, where it plans to almost double its number of Big Bazaar hypermarkets over the next six months.

INDIA: Future Group admits JV talks with global retailers

16 Feb 2010

Indian conglomerate Future Group has confirmed that it is mulling the formation of a joint venture with a number of international retailers.

INDIA: Pantaloon profits jump 51%

28 Jan 2010

Pantaloon Retail, a subsidiary of India's Future Group, has reported a 51% jump in third quarter net profits, driven by a substantial increase in sales.

Top stories on just-food this week

22 Jan 2010

Kraft Foods' patient pursuit of Cadbury this week paid off as the US food giant secured the backing of the UK confectioner's board after tabling a higher takeover offer. The proposed acquisition of Cadbury has been met with raised eyebrows on both sides of the pond but the deal will make Kraft the world's largest confectioner. Meanwhile, in the US, Hormel Foods snapped up the Country Crock side dish business from Unilever and, in the UK, egg giant Noble Foods has added to its dessert business with a majority stake in Gu. And, elsewhere, Tesco and Carrefour hinted at further expansion in India. These are the most popular stories in just-food this week.

FRANCE: Carrefour “nearing” India partnership

19 Jan 2010

French supermarket group Carrefour is reportedly nearing an agreement with India’s largest retailer, Pantaloon Retail.

2009's highs and lows - the retailers

18 Dec 2009

In food retail, 2009 was the year of the value message. As ever in an increasingly competitive environment, there have been winners and losers. Here is just-food's take on the food retailers that have prospered over the past year and those who have become casualties of the adverse economic conditions.

Top stories on just-food this week

20 Nov 2009

This was the week when even the ongoing speculation over the future of Cadbury was trumped as the headline-grabbing story. That honour fell to UK retail's leading Dutchman, Marc Bolland, who is set to switch from Morrisons after three successful years for upmarket rival Marks and Spencer. The Bolland bombshell overshadowed the latest twist in the Cadbury saga, which saw Hershey and Ferrero indicate they could enter the fray - with a possible joint bid for the Dairy Milk maker a possibility. These are the top stories on just-food this week.

INDIA: Pantaloon on acquisition hunt

20 Nov 2009

Pantaloon Retail, the Indian retailer, has confirmed that it is seeking potential acquisitions in a bid to expand its food business.

INDIA: Pantaloon coy over Kellogg boycott

12 Nov 2009

Pantaloon Retail has confirmed that it is in negotiations with Kellogg in a bid to increase its margins, but remained coy over reports that it is preparing to boycott Kellogg's cereal products.

Quote, unquote: just-food's week in words

30 Oct 2009

Sustainability is becoming ever-more crucial for food companies and, this week, the hot topic was palm oil. The WWF issued a report praising those who had moves to source greener palm oil - but castigated those who hadn't. Smart Choices, a US food labelling scheme devised to help consumers, was similarly rebuked for promoting fatty foods. And, all the while, executives from Fresh Del Monte Produce to Chiquita Brands International and Kellogg handed down their insights on the economic and business landscape.

INDIA: Pantaloon's Bazaar spin-off to fuel growth

30 Oct 2009

Indian retail giant Pantaloon Retail is to spin off its Bazaar food retail business into a wholly-owned subsidiary in order to drive growth at the unit.

INDIA: Pantaloon Q1 profits, sales rise

27 Oct 2009

Pantaloon Retail has posted a rise in first-quarter profits on the back of sales gains.

INDIA: Pantaloon books bumper FY profits

29 Sep 2009

Pantaloon Retail, the Indian retailing group, has enjoyed an 11% jump in annual profits despite the country's buoyant economic growth slowing amid the economic downturn.

FDI off India's menu but rural push will help retailers

7 Jul 2009

The world's top food retailers may not have got the news they were looking for when India's new government published its first annual budget yesterday (6 July). Despite apparent support in some political circles for a loosening of the laws restricting foreign investment in Indian retail, the budget made no mention of any reform. However, as Dean Best reports, the likes of Wal-Mart, Tesco and Metro Group should still be cheered by India's plans for modernisation.

INDIA: Pantaloon hints at rural drive after budget

7 Jul 2009

Pantaloon Retail, India's largest retailer, said today (7 July) that government plans to up spending in the country's rural areas should spark the sector into expanding outside big cities.

INDIA: Pantaloon in talks to raise funds

11 Jun 2009

Pantaloon Retail, India's largest retailer, is in talks with “multiple investors” over plans to raise up to INR40bn (US$84m) in the next two years to fund expansion.

INDIA: Pantaloon to offer shares for funds

10 Jun 2009

Pantaloon Retail, India's largest retailer, is seeking to raise up to INR10bn (US$211.6m) in funds through a series of share issues.

INDIA: Pantaloon, Carrefour “near tie-up” – report

2 Jun 2009

India’s largest retailer, Pantaloon Retail, and French retail giant Carrefour are reportedly nearing an equity partnership agreement.

INDIA: "Mom-and-pop" stores are fierce retail foes

6 May 2009

Domestic and multinational food retailers doing business in India need to be aware of competition from the country's traditional, “mom-and-pop” traders, a leading homegrown retailer said today (6 May).

INDIA: Pantaloon plans business reorganisation

15 Apr 2009

Pantaloon Retail India, the country’s largest retailer, plans to divide its business into three separate subsidiaries in a bid to gain "greater focus".

INDIA: Future Group scales down expansion - report

19 Mar 2009

Indian retailer Future Group said it has scaled down its retail space expansion plans by almost half, according to reports.

INDIA: Pantaloon Q2 profits up on sales gains

23 Jan 2009

Indian retail group Pantaloon Retail has posted a 6% increase in quarterly net profit, propelled by soaring sales across its stores.

INDIA: Pantaloon Retail to separate hypermarket business

29 Sep 2008

Pantaloon Retail plans to separate the management of its Food Bazaar and Big Bazaar food retail and hypermarket units from its other retail businesses.

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