After achieving a growth of 100 per cent in the current financial year, Vishal Retail limited has achieved the 100 mark in the total number of exclusive Vishal Mega Mart retail outlets across India.
Vishal Retail Limited now posses an impressive chain of 100 fully integrated stores in spread over the area of over 21, 50,000 sq. ft. in 69 cities across India.
The Group's expertise in the field of retail marketing over the years and its focus on regions, cities and exact customer preferences have earned the Group an undisputed leadership status to Vishal Retail Limited.
Mr. Ram Chandra Agarwal, CMD, Vishal Retail Limited, said, “There has seen a significant rise in footfalls and profitability across the Vishal Retail stores in the last few years.
We are looking to cross total retail area of 25 lakh sq. ft. in tier II and tier III cities by the end of 2008 and will continue to actively look out for retail space across the country, especially in the smaller towns as we are expanding our presence in interior India, especially tier II and tier III cities."
According to Mr. Agarwal," Our main target segment is the middle class. This segment boasts the maximum purchasing power and also expects the maximum value-for-money, without compromising on quality.
Vishal Mega Mart offers them uncompromising quality coupled with the lowest price, a combination that our competitors cannot match."
Vishal Retail Limited is one of the fastest growing retailing groups in India. Its outlets cater to almost all price ranges.
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