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V2 Retail May Target More Than 100 New Stores in FY26

Mint Chennai

|

July 08, 2025

To sustain this momentum, the retailer has tightened sourcing and inventory controls

- Vaishnavi Kasthuril

V2 Retail Ltd is considering revising upward its target of opening 100 new outlets in 2025-26, after having already opened 26 stores in the first quarter alone. "We are well on track, so I think we've already opened 26 stores this first quarter," said Akash Agarwal, chief executive officer (CEO) of V2 Retail, which operated 189 stores across 20 states as of March 2025, in an interview with Mint. "Looking at the performance, we might increase that guidance," he added, noting that a final decision is still under discussion.

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