Vishal Megamart

TPG Wholesale Private Limited and Shriram Group have completed the acquisition of debt-ridden Vishal Retail Ltd. While TPG has acquired the wholesale and franchise undertaking of Vishal Retail, Airplaza Retail Holdings Pvt Ltd, a part of Shriram Group, has...

Three years ago, retail was the happening thing for corporates. Everyone wanted a slice of the ‘future.’ Now, after months of downsizing and desperation, many are hurtling to the exit door. The first ones to trigger the consolidation phase...

Diversified retail player Vishal Retail has opened two new stores in the last week. The first store opened at Saharanpur area in Uttar Pradesh is spread across 3,000 square feet while the second store at Ganganager area in Rajasthan...

In sync with the company’s aggressive expansion plan, Delhi-based discount retailer Vishal Retail has opened two more stores under the brand name Vishal Megamart and Vishal Fashionmart in Uttar Pradesh and Punjab respectively. The information came through Vishal Retail’s...

Moving away from their earlier model of expansion through company owned stores, Vishal Retail is now showing interest in using the franchisee route for its expansion. Out of the 178 stores at present, 165 are company owned. But the...