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V-Mart Retail to open around 40 stores in FY21

27 Feb 2020 Evaluate

V-Mart Retail is planning to invest up to Rs 70 crore to open around 40 stores in 2020-21. The company already has 260 stores in almost 195 locations across the country, largely in tier-2 and 3 cities.

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.

Peers
Company Name CMP
Avenue Supermarts 3631.90
Trent 2888.00
Vishal Mega Mart 100.15
PN Gadgil Jewellers 596.60
Aditya Birla Life 73.50
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