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Lalit Agarwal

LimeRoad.com enters physical retail with a 12,000 sq ft store in Karnataka

At the time of the acquisition of Gurugram-based LimeRoad, V-Mart had said that it would invest about Rs150 crore in three years into LimeRoad, which counts Tiger Global among other private equity players as its previous backersNew Delhi: Online...

V-Mart: Fashioning Rural India

One of the early entrants in the country’s value-retail space, V-Mart is today a 448-store strong chain with its presence across IndiaNew Delhi: Value retail chain V-Mart was launched in 2003, long before the term value retail became fashionable....

Recovery only after Q2 FY2025: Retailers

While retailers are hopeful festivals may spark some demand, they expect the slowdown to end only after September 2024 i.e. Q2 FY 2025New Delhi: A rebound for retail businesses in India—which is currently reeling under a substantial slowdown—could only...

Retail Employees Day 2020: Celebrating frontline retail warriors in COVID times

Come December 12 and the Retail Industry across the globe  trains the spotlight on retail associates and celebrates them on the occasion of Retail Employees Day (RED). December 12 is the day to acknowledge retail associates who work with heart....

V-Mart appoints Vineet Jain, a retail veteran, as Chief Operating Officer

In a significant boost to the already robust leadership team of V-Mart Retail, the company announced Vineet Jain, retail industry veteran and former CEO, Future Group, North India, has joined as its new Chief Operating Officer. An industry veteran who...

COVID-19: Improved communication, real-time info sharing helped retailers prepare for business resumption

Faced with disruptions due to the coronavirus pandemic and resultant lockdowns, several retailers took that opportunity to improve communication within their respective organisations which eventually helped them towards smooth business resumption in the unlock phase. Also, a communication up-skilling of...

V-Mart reports 17 pc y-o-y recovery in sales against one-third operational days in Q1

V-Mart Retail, India’s leading value fashion retailer with presence across 19 states and 191 towns, announced its audited financial results for the first quarter ended June 30, 2020. Owing to COVID-19 pandemic and a nationwide lockdown for most of Q1,...

Post COVID technology trends & business opportunities in fashion retail

The COVID-19 pandemic has completely rehashed what we knew was retail. The pandemic has plunged the industry into a crisis of unprecedented proportions and completely changed the way businesses will be compelled to function from hereon. As lockdown restrictions...

Building passion within organisations

India’s retail sector employs over 46 million of her citizens. A vast majority of them come from middle-income and lower-income salaried classes from across India’s urban, peri-urban and rural heartlands. Their livelihoods and futures are in immediate peril as...

The future is collaboration, not competition: Lalit Agarwal, CMD, V-Mart Retail

The country is in lockdown, businesses are folding up, workers being laid off and the overall retail confidence level is low. COVID-19 has changed communities, businesses, and the world forever. As retail businesses continue to work through the current...
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Starbucks ‘fully committed’ to Indian market, says India JV Tata Starbucks

Tata Starbucks is a 50:50 joint venture between Tata Group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based...
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