Shahrvand department stores is an Iranian chain based in Tehran. The establishment currently has 35 branches in Tehran. Shahrvand, along with Refah supermarket and Carrefour-owned Hyperstar Market, create the bulk of the Iranian retail industry.http://www.washingtonexaminer.com/economy/ap/61443072.html
In 2008, the company teamed with Russian supermarket NEVA-RUS to incorporate the two companies' management techniques.
As of 2010, the department store chain has been owned by the city government of Tehran.
References
External links Official website