Founded by Akash’s father Ram Chandra Agarwal, who is the Chairman and Managing Director, V2 Retail has experienced a remarkable journey of transformation and growth. Its journey began with Vishal Mega Mart, a brand that Akash Agarwal, the Whole-Time Director, mentioned operated as a hypermarket model until 2011. In 2011, Vishal Mega Mart was sold to the American company TPG, and V2 Retail was born. The first V2 store was established in Jamshedpur in 2011, marking a significant shift from a hypermarket model to an apparel-focused departmental store.
Retail Strategy and Growth
This story is from the August-September 2024 edition of Retailer.
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This story is from the August-September 2024 edition of Retailer.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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