V2 Retail, the North India-focused general goods and garments retail chain, reported one of its best quarterly performances ever in the form of the Jan-Mar quarter, but said the subsequent three months have been ‘lost’ due to the second wave of COVID-19. “We were witnessing continuous improvement in demand till the lockdowns were announced due […]
North India-focused fashion retailer V2 Retail Ltd reported an 82% fall in its sales for the Apr-Jun quarter, as the COVID-19 pandemic hurt consumer sentiments and frequent lock-downs disrupted store operations. Revenue from operations fell to Rs 37 cr from Rs 202.3 cr in the year-ago period and Rs 129.2 cr in the March quarter. […]
V2 Retail, formerly known as Vishal Retail, said it expects organized retail in India to grow a strong pace in the next three years to increase its share of the overall market to 24% by 2020. At present, the share of organized retail — mostly super markets and hyper markets, but also e-commerce — is […]
Value retailer V2 Retail Ltd. said it has opened a new retail store at Sitamarhi, Bihar. By this launch V2 retail currently has 32 operational retail stores across the country. V2 Retail Limited is a retail company in India. It offers more than 70,000 products including ready made, apparels, household merchandise and other consumer goods […]
