Shahrvand Chain Stores Inc.
Iranian hypermarket chain
From Wikipedia, the free encyclopedia
Shahrvand department stores is an Iranian chain based in Tehran. The establishment currently has 35 branches in Tehran.[1] Shahrvand, along with Refah supermarket and Carrefour-owned Hyperstar Market, create the bulk of the Iranian retail industry.[2]
 | |
| Type | Public company, private[clarification needed] |
|---|---|
| Industry | Retail |
| Founded | 1994 |
| Headquarters | , Iran |
Area served | Iran |
| Key people | Masoud Sariolghalam, CEO |
| Products | Cash and carry/warehouse club, convenience/forecourt store, discount store, hypermarket/supercenter/superstore, supermarket |
| Services | Discount Grocery Convenience stores Cash and carry Hypermarkets |
| Revenue |   2.1 trillion IRR (2009) |
| Website | www.shahrvand.ir |
In 2008, the company teamed with Russian supermarket NEVA-RUS to incorporate the two companies' management techniques.[3]
As of 2010, the department store chain has been owned by the city government of Tehran.[4]