Pantaloon launches first exclusive ‘Depot’ store launched in Kolkata | INRnews
Spread across an area of 4,500 sq.ft., the new DePOT store was inaugurated by the renowned Bengali singer Srikanto Acharya. The new DePOT store will offer customers an extensive range of books, multimedia, toys, gifts and stationery items, especially with the local flavour. DePOT offers books with varied subjects (fiction, general reference, management and kids) by renowned Bengali writers such as Satyajit Ray, Saradindu Bandyopadhyaya etc. In the music section, CDs and cassettes spanning all genres - rock, pop, hindi, Indipop and also Bengali albums by singers such as Moner Janala, Nil Dhrubotara, Kobiota Thake Gan, etc, are available. Home videos of hit movies like Nagorik, Hirak rajar dese, Tahader Khatha and many more are available at the store. DePOT also has an attractive range of gifts (candles, mugs, photo frames, theme packs) toys and stationery (office, children’s and fancy).
Speaking at the store launch, Sandeep Marawaha, Operations Head – Eastern Region, Pantaloon Retail (India) Limited said, “Depot is a tribute to our freedom of thought, speech and expression shared with customers as books, music and gifts. Depot is about freedom and democracy which is reflected in the way the products are displayed, the affordable pricing, the strong local flavour and the young, lively and interactive store experience. It is designed in a way that liberates these categories and transforms the way they are bought, sold and perceived in India.”
In addition to this exclusive stand-alone store, DePOT is present as shop-in-shops in other Pantaloon Retail stores such as Pantaloons, Big Bazaar and Central.
Depot is an Indian experience which celebrates and respects the rich regional content in Indian Books & Music. Depot also aims to be a strong member of the local communities it operates in through a variety of events, engagements and social initiatives.
About Future Group
Future Group is the country’s leading business group that caters to the entire Indian consumption space. It operates through six verticals: Future Retail (encompassing all lines of retail business), Future Capital (financial products and services), Future Brands (all brands owned or managed by group companies), Future Space (management of retail real estate), Future Logistics (management of supply chain and distribution) and Future Media (development and management of retail media spaces).
The group’s flagship company, Pantaloon Retail (India) Limited operates over 5 million square feet through 400 stores in 40 cities. Some of its leading retail formats include, Pantaloons, Big Bazaar, Central, Food Bazaar, Home Town, EZone, Depot, Health & Beauty Malls and online retail format, futurebazaar.com.
Future Group companies include, Indus League Clothing, that owns and retails brands like Indigo Nation and Scullers and Galaxy Entertainment that manages Sports Bar, Brew Bar and Bowling Co. Future Capital Holdings, the group’s financial arm, focusses on asset management and consumer credit. It manages assets worth over $1 billion that are being invested in developing retail real estate and consumer-related brands and hotels.
The group’s joint venture partners include Italian insurance major, Generali, French retailer ETAM group, US-based stationary products retailer, Staples and UK-based Lee Cooper and India-based Talwalkar’s, Blue Foods and Liberty Shoes.
Future Group’s vision is to, “deliver Everything, Everywhere, Everytime to Every Indian Consumer in the most profitable manner.” The group considers ‘Indian-ness’ as a core value and its corporate credo is - Rewrite rules, Retain values.
By INRnews Correspondent