The wait is finally over and i strongly feel that retail industry of our country is climbing up....Pantaloon is back on track with a bang with a double digit growth rate of 11% in the lifestyle segment...thanks to an excellent effort made from the part of the government for the uplifment of the retail sector...I hope that this news will bring in a lot of cheers to the big business guns of the country as it is a true sign of the economy climb up....
The various lifestyle retailers like Shoppers stop,Pantaloons and Lifestyle wer hit hard during the slowdown as shoppers curbed spending on lifestyle items such as apparels,consumer durables etc....nyway this is a big news 4 those who wer totally haunted by economy slow down...industry experts feel that the customer sentiment was superior in the last quarter and the industries wer bound to folLow those sentiments..Pantaloon has posted a 25% increase in the net sales at Rs.1912.84 crore for the second quarter of the last year...
..............good news as the ever growing industry of the country is back on track...
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if retail is growing that certainly means that countries economy is growing because during any type of downturn first to be hit is retail.............. and during this recession also many outlets were closed because they were not making profits....the retail king WALMART has entered INDIA.... so happy that retail is achieved growth and hats off to BIYANI and the empire he built...............
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Pantaloons- 40
Central -7
Big Bazaar -90
Food Bazaar -135
Brand Factory- 6
Home Town -7
Collection- I 13
EZone- 37
Electronics Bazaar- 90
Furniture Bazaar- 85
Planet Sports & Sportswear formats -54
Depot- 112
KB’s Fair Price- 72
Shoe Factory- 17
Etam -15
Lee Cooper -31
Staples’- 2
Indus League Formats- 102
Future Money -120
Other Specialty Formats- 97