Kishore Biyani owned Pantaloon retail, which is a part of the Future Group, has opened its 40th Big Bazaar store in Chennai. This store occupies 50,000 square feet of retail space and expects a daily foot fall of around 50,000. The Chennai store happens to be the Pantaloon’s 10th Big Bazaar store in southern India. According to plans, Pantaloon expects to add at least five more Big Bazaar store in Chennai, while the number of Big Bazaar stores in the the South is expected to go up from the present 10 to more than 30 in just one year.
Big Bazaars, which follow hypermarket store format, claim to offer more than 1,50,000 SKUs, based on value proposition with the tagline: “Isse sasta aur isse achchha aur kahan?”