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Pantaloon Retail's Feb sales up over 26%

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Press Trust of India Mumbai

Kishore Biyani-led Pantaloon Retail India (PRIL) has seen sales from its value, home and lifestyle retailing segments jump by over 26 per cent in February 2009 against sales in the same month last year.

The BSE-listed company's three segments put together generated sales worth Rs 558.83 crore last month against Rs 441.68 crore in February 2008, up 26.52 per cent, Pantaloon Retail India (PRIL) said.

The retail giant clocked a whopping over 45 per cent growth in sales in its home retail segment for July-February 2009 as compared to the year-ago period.

Between July and February, sales from Future Group's home retailing (and home electronics) stores -- Home Town, Furniture Bazaar, eZone, Electronics Bazaar, and Collection i -- grew 45.54 per cent at Rs 818.25 crore.

 

PRIL, however, saw a negative growth of 10.17 per cent in same-store sales for home retailing in February 2009 as compared to the same month last year.

Home Solutions Retail (India), an unlisted entity and a wholly-owned subsidiary of Pantaloon Retail (India), runs these stores.

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First Published: Mar 15 2009 | 1:02 PM IST

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