V-Mart to hit a century by FY’14-end

The value fashion retailer, V-Mart, has unveiled its plans of opening up 28 new stores. The plan is a part of its expansion strategy post IPO launch in February 2013. The new stores will be opened in Tier II and Tier III cities in order to penetrate further in these cities. The expansion has begun with Dehradun where it opens its first store.V-Mart

The retailer will be expanding this number to 100 stores across the country by the end of FY’14. It will also open two more stores in Haridwar and Haldwani this year.

V-Mart opened its first retail outlet a decade back in 2003 in Ahmedabad. Currently it has 72 stores in 61 cities in north and west India, covering 5,88,920 sq ft of retail space.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s