TATA’s to launch consumer credit card

The Tata group’s consumer durables retail initiative, Croma, will tap into the company’s credit card database to rope in loyal customers and will offer cardholders the advantage of several loyalty programmes packed into one card. The card was ealier launched in association with SBI Cards- a State Bank of India subsidiary) At present, the card is being used by Tata employees, which will be made public this month reports Business Standard.

Pantaloon rolls out new retail format

Pantaloon Retail India – a Future Group company – has launched one more retail format, Brand Factory, to offer fashion brands at factory prices. The Future Group intends to take this format to all metros and A class towns with 10 lakh plus population reports Business Standard.

According to sources, the new format will offer the best brands at discounted prices, without compromising on the shopping experience. “The brands will be presented in a fully air-conditioned, slick environment spanning over 60,000 to 1,00,00 sq ft,” a source said.

Pantaloon at Airports

Pantaloon Retail in a 50:50 tie-up with Alpha Airports Group Plc is now entering airports with a view to look into the travel retail and food and beverage catering businesses at leading airports including Bangalore, Hyderabad and Delhi reports Business Standard.