Retailigence

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Vishal to open 100 more stores by fiscal-end

Posted by retailigence on October 22, 2008

Vishal Retail Ltd, one of India’s leading discount retail chains, has announced its plan to open 100 new stores by March 2009 to have a total of 260 stores across the country.

Announcing the plan, Ram Chandra Agarwal, CMD, Vishal Retail Ltd, said, “It is just the beginning of a retail revolution that we wish to bring in the country. I proudly say that we have been able to provide the experience and products that have not only changed the shopping preferences of Indians, but have also positively affected the lifestyle of the Indian middle-class.”

“Our aim is to be available for every Indian residing in the remotest areas of the country,” added Agarwal. Further, Vishal will continue to give discounts and start new schemes and offers that will help customers to counter the heat of the inflation, said a company press release.

Meanwhile, Vishal is also planning to set up a special team for its corporate social initiative and is also in talks with several NGOs to partner for its project, added the release.

Sources:- Indiaretailing

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