Home Solutions is 75% owned by Pantaloon Retail India Ltd. Home Solutions Retail is their very successful format of Home Improvement stores, expects to break even in F2009. The roll out plan is on track and the most successful format for the company has surprisingly been the consumer electronics store, E-zone. Given the company intends to spin off its subsidiaries once they get to a certain size, we believe Pantaloon could potentially unlock value in Home Solutions through a listing in the next three years.
- Spencer’s move the Specialty way
- Future Bazaar + Future Media: New Kids of Pantaloon