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LALIT AGARWAL
Inflation in driver’s seat likely to stall discretionary spendWhile consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptio...- Retail chains like Reliance Retail, DMart go on store expansion spree as demand recoversIndia's top retailers added 2,182 stores in FY26, the highest in three years, driven by rising demand, tax cuts, and growing consumer prefe...
- Election cash doles may trigger short-term consumption boost in apparel, smartphones, liquor: CEOsCash handouts from recent state elections are expected to boost spending on items like apparel, smartphones, and electronics. Consumers, es...
- The Summer Survival Guide: Smarter ways to live through rising temperaturesWe are living in an era of extreme heat, and the planet is not pushing back on the pedal anytime soon. Which is why Lijee Philip brings to ...
- V-Mart expects to grow 18-19% this year, says Lalit AgarwalLalit Agarwal, Founder & MD of V-Mart Retail, aims for 18-19% growth in a value-driven retail sector. Improved footfalls and consumer deman...
- Q4 numbers below expectations but Holi seeing good demand: Lalit Agarwal, V-MartSome money flowing into tier-4, tier-3 towns as an election fallout, says Agarwal.
- V-Mart to focus on tier 3 & 4 cities as there is a huge potential: Lalit AgarwalWe are using AI to rationalise inventory management and best customer experience, says V-Mart CMD.
- Festival season shift has hit our bottom line: Lalit Agarwal, V-MartIn first half, same-store sales growth grew a mere 1%, says V-Mart CMD
- V-Mart looks at omnichannel route to expandV-Mart primarily operates in tier II-IV and follows a cluster-based model approach to expand and has a set a target to invest Rs 300 crore ...
- We should see at least 7% same-store sales growth this year: Lalit Agarwal, V-Mart“We want to be the leader in the value segment for fashion needs in the states we are in.”
- We do not want to move to tier I cities or metros, we want to stay in small towns: Lalit Agarwal, V-Mart“We have opened up 31 stores in last year. Maybe we will increase the number of stores this year.”
- Most of our sales come from products which are below Rs 1,000: Lalit Agarwal, CMD, V-Mart"Our key product assortment, merchandise mix, supply chain management wherein the customer gets the best of the product and with the best o...
- Demonetisation has been a 'blessing in disguise': Lalit Agarwal of V MartThe debit card transactions went up too much, too high and even now the debit card and the credit card transactions are there in a stable l...
- Acceptance of the move by rural women is great: Lalit Agarwal, CMD, V-MartPeople in smaller towns are receptive to change and they have changed immediately, because earlier people did not spend through credit card...
- Demand has been sluggish, good monsoon will revive demand: Lalit Agarwal, CMD, V-Mart"Looking at our product lines, the places we sell and the segments that we target, we have not seen online retailers making any inroad, sai...
- V-Mart to set up 2nd fashion store in J&K soon"V-Mart is opening up a complete family fashion store in Udhampur district soon. It will be second such store in Jammu and Kashmir."
- We are planning to open 20 more stores soon: Lalit Agarwal, CMD, VMartIn an exclusive chat with ET Now, Lalit Agarwal, CMD, VMart, said the company is planning to regularly open new stores and also try to focu...
- V-Mart Q1 net profit up 24% at Rs 11.19 croreMulti-brand retail chain V-Mart reported 24.05 per cent increase in standalone net profit at Rs 11.19 crore for the quarter ending June 30,...
- V-Mart plans foray into online retail with a mobile app-based platformThe company would roll out in a phased manner in selected cities and later extend to other places. It would start the pilot project by June...
- V-Mart to invest Rs 200 crore, add nearly 200 stores in 5 yearsThe company is also targeting over four-fold jump in revenue to touch Rs 2,500 crore by 2020 with smaller towns expected to be its key grow...
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