Restructuring Pantaloon Retail: The 'Future Group' Initiative
|
|
ICMR HOME | Case Studies Collection
Case Details:
Case Code : BSTR227
Case Length : 18 Pages
Period : 2004-2006
Organization : Pantaloon Retail (India) Limited / Future Group
Pub Date : 2006
Teaching Note : Available
Countries : India
Industry : Retail
To download Restructuring Pantaloon Retail: The 'Future
Group' Initiative case study (Case Code: BSTR227) click on the button below, and select the case from the list of available cases:
Price:
For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges
Current Exchange Rates
INR 300.00 = USD ($),
=
GBP (£),
=
EURO (€)
Currency data courtesy coinmill.com
INR is INDIAN RUPEES (Rs.)
|
» Business Strategy Case Studies
» ICMR
Case Study Collection
» ICMR Home
» Mini Cases on Business Strategy
» Micro Cases on Business Strategy
» View Detailed Pricing Info
» How To Order This Case
» Business Case Studies
Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
|
|
<< Previous
Excerpts
Recruiting New Talent
|
The restructuring and expansion drive prompted Biyani to bring in new talent
and professionalize the business. The group sought to utilize the expertise of
the highly qualified and experienced executives to oversee the group's
initiatives in various business sectors.
At the senior management level, the group hired high profile executives from
reputed organizations like Goldman Sachs , Coca-Cola India, etc. (Refer to Table
II for some of the new recruits at the Future Group). In addition to bringing in
new talent at the senior management level, PRIL also tied up with a few
management schools to create a management talent pool for the lower levels of
the organization...
|
|
The Road Ahead
According to a report by KPMG, the size of the Indian retail industry was
estimated at US$ 200 billion in 2006. The Indian retail industry showed
tremendous growth potential as the retail entrants created awareness among the
consumers, leading to increasing consumer expectations and finally to growth in
the retail industry (Refer to Exhibit IV for a note on the organized retail
industry in India).
The growth in the retail sector was reflected in the financial results of PRIL
for 2005-06. For the year ended June 30, 2006, PRIL reported a total income of
Rs 18.72 billion as compared to Rs 10.88 billion in 2004-05...
|
|
Exhibits
Exhibit I: Retail Formats and Store Types of Future Group
Exhibit II: Future Group's Brands
Exhibit III A: Joint Ventures/Acquisitions of PRIL/PIL (As of October
2006)
Exhibit III B: Subsidiaries of PRIL/PIL (As of October 2006)
Exhibit III C: New Ventures of PRIL/PIL (As of October 2006)
Exhibit IV: A Note on the Organized Retail Industry in India
Exhibit V: PRIL's Financials March 2006
Exhibit VI: PRIL's Segment Wise Revenue, Profit & Capital Employed |
Exhibit VII: PRIL and its Domestic Competitors (As of April
2006)
Exhibit VIII: A Note on FDI in India's Retail Sector
Exhibit IX: The Reliance Group's Retail Venture
|
|
