07 March 2023, Mumbai
V2 Retail Ltd, a leading retail company in India, has announced the opening of four new retail stores in various locations across Uttar Pradesh and Delhi. The new stores are located in Gonda, Bareilly, Noida, and Delhi, and are part of the company's expansion strategy to reach more customers in the region.
The company's management has indicated that the decision to open new stores is based on their evaluation of various parameters, including store-wise profitability. This approach has helped the company to identify the most viable locations for their stores and ensure long-term growth.
In addition to the new store openings, the company has also closed two stores located in Gorakhpur and Sitapur, Uttar Pradesh. This move is in line with the company's strategy to optimize its store network and ensure maximum profitability.
With these new store openings and closures, V2 Retail Ltd currently operates 101 retail stores across India. The company is committed to providing customers with high-quality products and services, and these new store openings will help to strengthen their presence in the region.