Top Story


Home >> Media - Others >> Article

Pantaloon Retail awarded ‘Emerging Market Retailer of the Year 2007’ at the inaugural World Retail Congress

Font Size   16
Pantaloon Retail awarded ‘Emerging Market Retailer of the Year 2007’ at the inaugural World Retail Congress

Pantaloon Retail (India) Ltd, a Future Group venture, was awarded the ‘Emerging Market Retailer of the Year 2007’, at the inaugural World Retail Congress held at the Palau Nacional, Barcelona, Spain. The Congress attracted more than 1,000 leading retail figures from over 60 nations.

The ‘Emerging Market Retailer of the Year’ award recognises entrepreneurship, originality and adaptability in individual retailers from emerging markets. Among the finalists for the award were B&Q Asia from Hong Kong, Edgars Consolidated Stores from South Africa, Matahari from Indonesia and Shufersal from Israel. The award, sponsored by SAS, was voted for by a grand jury that included many of the world’s top retailers and senior industry experts.

Receiving the award, Kishore Biyani, Managing Director, Pantaloon Retail (India) Ltd, said, “This award is a reflection of the huge potential that the Indian consumption market offers. It is a moment of pride not just for Pantaloon Retail, but also for India. It would have been more appropriate if we had got the award after global retailers made their foray into India. We are in a no-competition scenario currently but we excel in what we do to delight our Indian consumers.”

The World Retail Awards, in association with Kurt Salmon Associates, marks the first time that the industry has come together to recognise excellence across formats, sectors and borders. The ‘Retailer of the Year’ went to Inditex, the owners of the Zara brand; Mall of the Emirates, Dubai was awarded ‘Retail Destination of the Year; the ‘Multi Market Retailer of the Year’ award went to IKEA; while Marks & Spencer was awarded the ‘Responsible Retailer of the Year’.

The ‘Emerging Market Retailer of the Year’ award is yet another international recognition Pantaloon Retail has received in the past 12 months. Earlier this year, the US-based National Retail Federation conferred the ‘International Retailer of the Year 2007’ award to Pantaloon Retail. It has also received the ‘Best of the Best Retailer’ at the Retail Asia Pacific Top 500 Awards that was held in Singapore in October 2006. Asiamoney recognised Pantaloon Retail as the ‘Best Managed Mid-Cap Company in India 2006’.


Abhishek Punia, Co-founder and COO of ARM Worldwide, tells about how they re-branded themselves from ARM Digital to ARM Worldwide and in the process marked their presence globally

Srinivasan opens up on what prompted their recent rebrand, their foray into bus depots and developing the software that displays Bengaluru Metropolitan Transport Corporation's (BMTC) Passenger Information System for all the major bus depots in Bangalore.

Software and Technology, Consulting, Healthcare seem to be increasingly using Webinars to engage with their clients and employees

Chandy indulges in his love for reading and learning something new over the weekends

Though revenue from media operations grew by 10.6% yoy to Rs 760.8cr, the film production revenue declined by 18.0% yoy

At the inaugural one-on-one session between Aroon Purie, Chairman & Editor-in-chief of India Today Group and Anurag Batra, Chairman & Editor-in-chief BW Businessworld & Exchage4media Group, Purie spok...

At the 11th Indian Magazine Congress in New Delhi Rajdeep Sardesai, Consulting Editor, India Today, remembered the time when he used to work for Times of India