V-Mart Retail to invest Rs 300 crore to double store count

11 Jun 2018 Evaluate

V-Mart Retail is planning to invest Rs 300 crore to double store count and treble its turnover to Rs 3,500 crore in the next five years. The company, which primarily operates in tier II, tier III and tier IV cities and follows a cluster-based model approach to expand, is planning to add more than 200 stores in the next five years to create network of 400 outlets.

Value fashion and lifestyle products retailer currently operates about 180 outlets in 14 states in India.

V-Mart Retail is one of the pioneers in setting up stores across various small Indian towns and cities. The company primarily operates in Tier-II and Tier-III cities, with a chain of ‘value retail’ departmental stores offering apparels, general merchandise and kirana, catering to the entire family.

V-Mart Retail Share Price

3708.35 -78.45 (-2.07%)
23-Dec-2024 10:21 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 3439.00
Aditya Birla Fashion 281.45
Trent 6956.90
Vishal Mega Mart 99.00
Electronics Mart Ind 165.45
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