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]
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]