Villa Group, known locally for their tourism and energy portfolios, have ventured into the retail segment.
The business enterprise opens up their first super marts in Male’ city providing retail services on general goods.
While the company is notable for its tourism ventures and properties as well as its business portfolio in gas and energy, this marks as a significant diversification of the Villa Group’s business activities.
Moreover, the group’s retail businesses will operate under a recently enacted company specific for the business area.
Villa reportedly opens two super marts in Male’ city, ‘Villa Mart’ situated at Orchid Magu near Fantasy Store with Western Union’s outlet propped right next.
Furthermore, Villa opened their second mart situated at Majeedhee Magu on Saturday evening, 15 May.
The enterprises’s retail outlets all fall under Villa Trading, and an official of the company notes on potential expansion plans.