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V-Mart

V-Mart Retail posts Rs 22 crore net loss in Q1

The company's revenue from operations was up 15.41 per cent to Rs 678.52 crore in the first quarter of the ongoing fiscal as against Rs 587.88 crore in the year-ago period New Delhi: V-Mart Retail on Wednesday reported a net...

Indian Domestic Garment industry anticipates 20% surge in festive retail sales: CMAI

According to CMAI, there is optimism surrounding the forthcoming festive season as the demand for apparel is anticipated to be robust despite current challenges Mumbai: According to the Clothing Manufacturers Association of India (CMAI) the Indian apparel market has grown by between 15-20%...

The Demand for Experiential Retail to Grow in 2023

In 2023, retail in India is expected to grow better than all other key markets globally with Omnichannel becoming the norm for the retailers. Concepts like these will enable millions of small retailers to participate in digital commerce By Sandeep...

SCAI launches ‘Trusted Shopping Centre’ Mark; 50+ malls applying to ensure 360° customer care

Shopping Centers Association of India (SCAI) on Monday marked a new milestone for the Indian Retail and Shopping Centre industry. The apex body of Modern and Organised retail in India launched the World’s First Consumer Centric ‘Trusted Shopping Centre’ mark...

Vineet Jain, Chief Operating Officer, V-Mart Retail Ltd

Vineet Jain is responsible for driving company’s mission and strategy. He is a seasoned and versatile management professional with 24+ years of diversified rich experience mainly in heading Hypermarket, Supermarket Operations and Fashion Business, last few of which he has...

V-Mart appoints Vineet Jain, a retail veteran, as Chief Operating Officer

In a significant boost to the already robust leadership team of V-Mart Retail, the company announced Vineet Jain, retail industry veteran and former CEO, Future Group, North India, has joined as its new Chief Operating Officer. An industry veteran who...

Window Display: V-Mart’s Eagle soars over the pandemic storm

As the world limps back to normalcy and India slowly lifts its lockdown, V-Mart Retail shows solidarity with the resurgence of the Indian economy by displaying a pair of Eagle wings in the colours of the Indian flag –...

V-Mart reports 17 pc y-o-y recovery in sales against one-third operational days in Q1

V-Mart Retail, India’s leading value fashion retailer with presence across 19 states and 191 towns, announced its audited financial results for the first quarter ended June 30, 2020. Owing to COVID-19 pandemic and a nationwide lockdown for most of Q1,...

Anticipated lockdown extension, adequate stock in place, say retailers

Retailers on Tuesday assured there is enough inventory to meet the demand during the extended lockdown period, stating they had stocked up in anticipation of such a move from the government to curb the spread of coronavirus pandemic. According to...

V-Mart Retail to open 40 stores in FY21, invest Rs 70 cr

Value fashion and lifestyle products retailer V-Mart Retail plans to invest up to Rs 70 crore to open around 40 stores in 2020-21, a top company official said. According to a PTI report: The company already has 260 stores in...
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