V-Mart appoints Vineet Jain as chief operating officer
Value fashion retailer V-Mart Retail has strengthened its leadership team with the appointment of Vineet Jain as its new chief operating officer.
Jain joins V-Mart Retail from Future Group, where he headed the North India operations as the CEO of that region. He will be responsible to accelerate V-Mart’s growth, amid the Covid-19 disruptions, and will report directly to the founder Lalit Agarwal.
Commenting on Vineet Jain’s appointment, Lalit Agarwal, chairman and managing director of V-Mart Retail, in a statement said: “We are delighted to welcome Vineet to the V-Mart family. Vineet brings both depth and breadth of leadership and operational experience in the value retailing format, and a customer-centric approach that would help accelerate V-Mart’s growth and market leadership journey.”
Jain has over two decades of experience in managing hypermarket, supermarket, and fashion businesses. He is an alumnus of IIM Ahmedabad and INSEAD, France in Advanced Management Programs.
V-Mart currently has around 260 stores in almost 195 locations across the country, mostly in tier 2 and 3 cities, as it caters to the value segment.
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