Pantaloon outlet stores to open a new store in Madurai, Coimbatore

Pankaj Tibrewal, Chief Operating Officer of Pantaloon Retail revealed that, the firm proposes to hike the total number of its outlets in India to almost double, within next three years.

Tibrewal said this after inaugurating a new Pantaloon outlet spread on 43,911 sq. ft. in Coimbatore and added that, the company presently has 57 Pantaloon stores pan-India, and proposes to raise this number to 60 by June 2011.

The company which is now growing at a rate of 35 percent per annum is to shortly open new Pantaloon outlets in Mysore, Vishakhapatnam and Kochi, and is hunting for sites in Salem, Vijayawada and Madurai.

Fibre2fashion News Desk - India