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V-Mart Retail

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...

V-Mart Retail share rises over 4% after 4 new store launches in UP, Jharkhand

V-Mart Retail share gained over 4% in early trade today after the firm opened four new stores in Uttar Pradesh and Jharkhand. The stock has gained after 2 days of consecutive fall. It touched an intraday high of Rs...

V-Mart Retail posts Q2 net loss of Rs 19 cr

Value fashion and lifestyle products retailer V-Mart Retail has reported widening of its net loss to Rs 18.96 crore for the September quarter. According to a PTI report: The company had posted a net loss of Rs 18.04 crore in...

COVID-19: Improved communication, real-time info sharing helped retailers prepare for business resumption

Faced with disruptions due to the coronavirus pandemic and resultant lockdowns, several retailers took that opportunity to improve communication within their respective organisations which eventually helped them towards smooth business resumption in the unlock phase. Also, a communication up-skilling of...

Post COVID technology trends & business opportunities in fashion retail

The COVID-19 pandemic has completely rehashed what we knew was retail. The pandemic has plunged the industry into a crisis of unprecedented proportions and completely changed the way businesses will be compelled to function from hereon. As lockdown restrictions...

The future is collaboration, not competition: Lalit Agarwal, CMD, V-Mart Retail

The country is in lockdown, businesses are folding up, workers being laid off and the overall retail confidence level is low. COVID-19 has changed communities, businesses, and the world forever. As retail businesses continue to work through the current...

Consumers footfall increase, average basket value goes up at retail stores in lockdown 3.0

Leading retailers have witnessed an increase in number of footfalls along with a ‘significant’ jump in average purchase value in the third phase of the lockdown. According to industry players such as Metro Cash & Carry, Lots Wholesale Solutions,...

Lockdown 2.0: Consumers’ focus shifts to packaged, high-value food items

The second phase of the coronavirus lockdown saw a considerable shift in buying patterns of consumers from basic necessities to high-value items like snacks, processed food, packaged meat and frozen desserts, retailers said. According to a PTI report: Retailers such...

Lockdown 3.0: More shops expected to re-open but confusion reigns, say retailers

Retailers and traders expect to re-open more shops from Monday under the new relaxed guidelines by the government for the extended lockdown period till May 17, although they are still seeking clarity from local authorities. According to a PTI report:...

Retailers say enough stock if there is no panic buying; put restrictions on purchase quantity

Retailers on Wednesday said there is enough stock of essential items and groceries if people do not resort to panic buying, while some organised players put caps on items that a consumer can purchase during the lockdown. According to a...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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