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Vishal Retail

Vishal Retail opens 2 new stores

In sync with the company’s aggressive expansion plan, Delhi-based discount retailer Vishal Retail has opened two more stores under the brand name Vishal Megamart and Vishal Fashionmart in Uttar Pradesh and Punjab respectively. The information came through Vishal Retail’s...

Sensex crosses 10k, Nifty above 3100; Retail stocks in green too

It was a cheerful day at Dalal Street, Monday. Markets ended up firm, thanks to strong global cues and a positive economic stimulus package, resulting in smart market rally. While the 30-share index Sensex shut shop at 10275, up...

Sensex goes green; Retail joins bandwagon too

The new year continues to bring joy to Indian equity markets. The sensitive index Sensex of Bombay Stock Exchange opened at 9,974, up 71 points from the previous close of 9,719. The fifty-share Nifty too gained 18 points from...

Vishal Fashionmart opens in Punjab

As part of company’s aggressive expansion plan, Delhi-based discount retailer Vishal Retail has opened one more store of its apparel retail format Vishal Fashionmart in Punjab. With this new launch, the company has now a total of 181 stores...

Vishal negotiates rent reduction for 50 stores

New Delhi-based supermarket chain Vishal Retail has successfully negotiated rentals of about a third of its stores across the country, reports Business Standard. Out of the current 178 stores across India spreading across an area of 29,61,400 square feet (approx.),...

Vishal Retail promoters mull to raise stake by 10 pc

In a major development, promoters of Vishal Retail are planning to raise their stake in the company by10 per cent over the next two years. According to media reports, the promoters are contemplating to hike stake by 10 per cent...

Vishal partners with Mother Dairy for fruit, vegetable biz

India’s discount retail chain Vishal Retail has entered into a strategic tie-up with the leading milk and milk-based products retailer Mother Dairy to strengthen its fruit and vegetable business, reports ET. As part of the plan, Mother Dairy will retail...

Vishal Retail promoters plan stake sale

The promoters of Vishal Retail, country’s second largest public-listed retailer, is learnt to be engaged in evaluating several options to raise capital to sustain company’s current operations and planned expansion. Vishal Retail CMD Ram Chandra Agarwal said: “We are...

Vishal Retail denies stake sale or strategic alliance report

Replying to the news item appearing in a section of media that a credit crunch has hit Vishal Retail hard, Vishal Retail said in a filing to Bombay Stock Exchange: "We are the country's second largest retailer. We receive...

Vishal Retail goes to small city, opens in Mirzapur, UP

Vishal Retail Ltd, in its attempt to explore the country’s small city markets, has opened its new showroom in Mirzapur, Uttar Pradesh. This latest launch of Vishal Fashion Mart has been opened under the newly adopted franchisee model, said...
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