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V-Mart to open 150 stores by next fiscal

V-Mart, the family fashion store intends to reach a target of 150 stores by next fiscal. It will open new outlets in Jharkhand, Odisha, other eastern states, Jammu & Kashmir and Udhampur. They already have a store in Srinagar. The...

V-mart eyes e-commerce landscape

V-Mart Retail Ltd., the value retailer chain which operates through a cluster-based model, primarily operates in tier-II and -III locations spread across 108 stores in 91 cities and 12 states. So far, the chain is limited to the northern...

Rupa Expands the EBO Chain

The indigenous fashion and lifestyle brand Rupa recently opened an exclusive retail outlet at Avani Mall. According to the company, the idea of opening an EBO for Rupa has been going on for long. They opened their first EBO...

V Mart to open 14-15 stores this fiscal

Medium-sized hypermarkets chain V Mart plans to open 14-15 company-owned stores this fiscal with an investment of around Rs 1,200-1,300 per sq.ft. on the capex. The company is growing at almost 30 percent per annum with respect to turnover....

V-Mart enters Srinagar

V-Mart Retail Limited, India’s leading retail company, has launched its first V-Mart store in Srinagar. Spread over 10,000 sq.ft. of space, it is located at the Sara City Center, Jahangir Chowk.V-Mart Store will offer an array of products ranging...

Modernisation of front-end is need of the hour

For the Indian retail sector to reach its true potential, modernisation of front-end is an important requirement.This was stated by Vikram Bakshi, MD, McDonald's (North & East), at the recently held India Retail Summit, which was organised by Birla...

V Mart to take its own time to launch stores

Delhi-based retail chain V Mart is treading cautiously on its expansion plans. V Mart does not want to rush with the opening of new stores.The company plans to open eight new stores by the end of this financial year...

V Mart launches holi collection

Mid-sized hypermarket format value retailer V Mart Retail Ltd has launched a new range of apparel collection ahead of the festival of colour —Holi. Priced at Rs 99, the specially designed T-shirt range is available in all V Mart...

V-Mart plans to double its stores by 2010

Retail major V-Mart is planning to double the number of its store in the next two years. The plan that will invite an investment of Rs 250 million is in order to increase the turnover of the company by...

V-Mart to invest Rs 400 mn, open 8 more stores

Delhi-based value retail chain V-Mart, with dominant presence over northern and western India, has announced its plan to invest around RS 400 million in the next five months.As part of the plan, the company will open eight more stores,...
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An American or a British model doesn’t work in India. It must be Indianized: Abhijeet Anand, AbCoffee

Abhijeet Anand, founder and chief executive officer of AbCoffee talks about the changing lifestyles of Indians; the future of...
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