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V-Mart Retail opens 16 new retail stores in July-September quarter

04 Oct 2022 Evaluate

V-Mart Retail has opened 16 new retail stores at various locations in the July - September quarter of FY 2022-23 such as 3 store in Bihar, 3 in Assam, 3 in Uttar Pradesh, 2 in Uttrakhand, 1 in West Bengal , 1 in Madhya Pradesh, 1 in Andhra Pradesh, 1 in Tamil Nadu and 1 in Odisha.

Further, the company closed two stores including one in Jharkhand and one in Uttarkhand in the July - September quarter of FY 2022-23. With this, the total number of stores now stands at 405 stores as at September 30, 2022.

V-Mart Retail is one of the pioneers in setting up stores across various small Indian towns and cities.

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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