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Pantaloon Retail India Limited (PRIL) is a retail chain owned by the Aditya Birla Group that operates stores like Pantaloons, Big Bazaar, Food Bazaar, and Central Mall. It has over 2 million square feet of retail space across 73 stores. PRIL targets upper and middle urban consumers in India and focuses on customer feedback, loyalty programs, and sourcing products at cheaper rates to offer value to customers.
Pantaloon Retail India Limited (PRIL) is a retail chain owned by the Aditya Birla Group that operates stores like Pantaloons, Big Bazaar, Food Bazaar, and Central Mall. It has over 2 million square feet of retail space across 73 stores. PRIL targets upper and middle urban consumers in India and focuses on customer feedback, loyalty programs, and sourcing products at cheaper rates to offer value to customers.
Pantaloon Retail India Limited (PRIL) is a retail chain owned by the Aditya Birla Group that operates stores like Pantaloons, Big Bazaar, Food Bazaar, and Central Mall. It has over 2 million square feet of retail space across 73 stores. PRIL targets upper and middle urban consumers in India and focuses on customer feedback, loyalty programs, and sourcing products at cheaper rates to offer value to customers.
• Taken over by Aditya Birla Group ; Primal Group is the parent
company • Retail Chain – Pantaloons, Big Bazaar, Food Bazaar, Gold Bazaar & Central Mall • Manz Wear Pvt Ltd – October 1987 • Public Ltd Company – September 1991 • 1st outlet – 1993 ; Company name was changed – Pantaloon Family Stores • Pantaloon Departmental stores, Big bazaar hypermarket discount stores, Food bazaar & Central Mall – 2Mn square feet of retail space • Quality products + Range of products + Affordable rate • Revenue (FY 16-17): Rs.2552Crores • No. of Stores increased – From 22 to 73 Pantaloon Retail India Limited (PRIL) • Target audience – upper & upper middle urban population in India • Manager – Generating Sales, decide on shelf space usage, Stocking of brands • Example : ‘Color Plus’ brand in Mumbai vs in Kolkata • In-house labels – margin 25 to 30% • Central Warehouse & manufacturing unit- MIDC, Tarapur, Maharashtra - 1400pieces/day; Plant - 700 denim jeans/day • Zonal Warehouse - Hyderabad, Chennai, Kolkata, Mumbai • In-house garments - 80% sales Pantaloon Retail India Limited (PRIL) • Key focus - Customer feedback & customer satisfaction ; IT- stock keeping & stock movement at the store • Customer loyalty program - 'Green Card' & Program for children - 'Kids Bank' • Launch Of Big Bazaar Hypermarket chain - value for money store - 200000products, 30000sqft • Sucess factors - Cheaper sourcing of products & lower distribution costs • Started Food Bazaar - 50000sku, discount-2to20% -Premium Harvest & Tasty Treat Pantaloon Retail India Limited (PRIL) • 6 sections/ Hot Shops: Farm fresh, Chill station, Golden Harvest, Chef zone, Hungry kya! & Head- to-Toe • Central Malls - Up market segment of urban population • 2005 : 3 central mall - Hyderabad, Bangalore & Pune • Different departments & Offer restaurant services, beauty parlours, a pub & nightclub • One-stop destination for shopping, eating & entertainment