V-Mart has reached 50 stores landmark in Uttar Pradesh with the opening of their 2 stores in Lucknow.
Lalit Agarwal, Chairman & Managing Director, V-Mart Retail Ltd. says, “I am feeling proud that we have completed 50 stores in Uttar Pradesh. Mostly we operate in Tier-II and tier-III cities in virgin areas where we can cater young aspirational class with their fashion & lifestyle needs by providing high-end fashion at a pocket friendly price. Most of our new stores will have only apparels and lifestyle fashion products. Providing customer’s true value for their money has helped us to build the relationship with millions of families across the country, Mr. Agarwal added.”.
V-Mart has established stores in metros, tier I, II and III cities which are primarily located as standalone stores in high street areas and shopping hubs of such cities. The average size of V Mart stores are between 8,000 and 10,000 sq ft. We always follows the concept of “value retailing” to target the strata of the population belonging to the expanding “aspiring class” and “middle class” based on our customers socio-economic conditions purchasing power, demographic details and customers trends. V-Mart believes in operating in untapped markets, provides customers a different shopping experience, comprising of a vast range of value retail products under a modern ambiance and feel of a large retail mall.
V-Mart Retail currently operates 106, stores in 89 cities in Northern and Western regions covering more than 8,00,000 Sq ft retail space. The retail format is offering more than 80 thousand products to choose from in the small towns and cities across the country. It is amongst the fastest growing retail house, with a chain of medium sized hypermarket stores. The company intends to further strengthen its chain of retail outlets across in the virgin areas.
