which principal can followed by vishal mega mart.explain in detail?
Answers
Explanation:
Vishal (Mega Mart) Retail Ltd, a company engaged in Hypermarket stores with an average area of 25,000 to 30,000 sq. ft.through an impressive chain of 172 fully integrated stores spread over more than 24,00,000 sq. ft. in around 129 cities across India.
History---
One of the pioneers of retailing in India is represented through its 322 brick and mortar stores across the length and breadth of the country.
Their value proposition is -best price, best assortment and best quality.
Founder---
Ram Chandra Agarwal started Vishal Mega Mart in Kolkata in 1986, in a 100 sq ft shop in Lal Bazaar. He started with around Rs 100,000, for which he had to take out a loan as well as dip into family savings. He was the first businessperson to introduce “Hypermarkets” to Indians.