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Our Bureau

Mangalore, May 1

Pantaloon Retail India Ltd has launched its newest retail venture `Depot' - books, music and gifts store — in Mangalore.

Addressing presspersons on the occasion, Ms Preeti Vyas, Business Head, Depot, said that Pantaloon had "aggressive plans" in the consumer space, and thus entering books, music and gifts space is a logical step forward for the company. In the next six months, the company plans to open more `Depot' stores of various sizes across the country. These stores will be set up as standalone stores as well as in other Pantaloon group stores such as Big Bazaar and Central. "Over the next 18 month, `Depot' aims to have a 100 stores across the country, in various formats," she said. Next `Depot' store will be opened in Ahmedabad next month. Ms Vyas said that books on various subjects, including fiction, general reference and management, would be available at `Depot'.

`Depot' aims to be a strong member of the local communities it operates in through a variety of events, engagements and social initiatives, she added.

More Stories on : Retailing | Karnataka

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