Tag: Pantaloon Retail
The growth of a nation
With a retail market worth an estimated $350 billion, it's not hard to see why the OP big boxes are looking to set up shop in the Indian market. So what is it about...
Depot setting up in India?
23 May 2007 — New Delhi (IND): Office Depot is understood to be planning a move into the Indian market by setting up a franchise, according to the Indian press. It has been reported...
Staples reports stunning growth
1 March 2007 — Framingham (MA): Staples' total company Q4 sales grew 18 percent to $5.3 billion compared to the same quarter of 2005. North American Retail revenues rose by 14 percent and North...
Depot set to follow Staples’ example
27 February 2007 — New Delhi (IND): Following OPI's exclusive news in January of Staples investing in an Indian JV with Pantaloon Retail, it has now emerged that rival Office Depot is planning to...
Staples confirms Indian JV
18 January 2007 — Mumbai (IND): Staples has announced a joint venture with Kishore Biyani's Pantaloon Retail, nearly two weeks after OPI first broke news of the deal. According to Staples: "The agreement establishes...
Staples invests $6m in Indian JV
5 January 2007 — Mumbai (India): Staples is gearing up to enter the lucrative Indian market in a joint venture with Kishore Biyani's Pantaloon Retail thought to be worth $6 million. It is said...
Staples JV makes first acquisition
22 January 2007 — Mumbai (IND): Staples Future Office, the OP giant's joint venture (JV) with Pantaloon Retail, has made its first acquisition in India. The JV has acquired the operations and management of...
Retail revolution
In a Harvard Magazine report on India's prospects and potential, headlined "India's promise", the country is described as a "gigantic eBay. Anything that can be sold, is". With a consuming class of 105 million that...