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Vishal Retail

Indian retail Q3 results’ takeaways

After most of the public listed retail companies disclosed their quarterly results for the quarter ended December 31, 2008, a slowdown in revenue momentum was visible even in the festive quarter on account of marked dip in footfalls. Industry...

VISHAL MEANS ‘BIG’, LITERALLY

Timely decisions, defined strategy, and a futuristic approach, clubbed with an understanding of consumers' needs as also the ability to create one, are the qualities that mark out the best retail companies.From a nondescript 50 square feet shop to...

Retailers seek abolition of service tax in budget

Retail companies in the organised retail sector want the government to take a series of initiatives in the forthcoming budget that would boost consumption and have sought ‘industry status’ as well as abolition of the service tax to beat...

Vishal Mega Mart opens at Gondia, Maharastra

Leading discount retailer Vishal Retail has opened a new store at Gondia area in Maharastra. The newly launched Vishal Mega Mart store is the first hypermarket format store of the company in Gondia. Further the company will launch another...

Vishal Retail to trim down its operation to cut costs

Hit hard by the economic slowdown, Vishal Retail today said it will relocate stores, hive-off unviable formats and merge warehouses as part of cost cutting measures. The company also said it has already closed factories except one as it will...

Vishal Retail adopts new price strategy; to relocate, resize its stores

In an effort to attract consumers, discount retailer Vishal Retail has said that the company is working on a new pricing strategy. As part of the plan, some of the products will be priced in ranges between Rs 19...

Vishal Retail opens 2 new stores in last week

Diversified retail player Vishal Retail has opened two new stores in the last week. The first store opened at Saharanpur area in Uttar Pradesh is spread across 3,000 square feet while the second store at Ganganager area in Rajasthan...

Vishal Retail shuts two stores

Diversified retail player Vishal Retail has closed down the operation of two of its stores. The two stores were located at Color Scape Shopping Mall, Mulund, Mumbai and Shyam Nager Scheme, Pal Link Road, Jodhpur, Rajasthan. While the former...

Vishal Retail’s Q3 figures dip 86 pc

Delhi-based discount retailer Vishal Retail has posted a net profit of 21.54 million in the third quarter ended December 31. The latest figures witness a dip of 86 per cent from the corresponding previous year’s figures of Rs 155.55...

Forecourt retail: US 39 pc; France 35 pc; India, only 2 pc!

The face of fuel retail in India is no more restricted today to sale of fuel. Oil marketing companies (OMCs) in India are today looking at alternate revenue streams. “Fuel forecourts with 24x7 convenience retail concepts (merchandise & service retailing)...
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