Croma, the consumer durables and electronic products retail chain, is planning to open 13 new stores across India, of which five will be zip stores and eight will be mega stores with the store size between 10,000 square feet to 12,000 square feet.
On being asked about the expansion plan of the retail chain, Ajit Joshi, CEO and managing director, Infiniti Retail Ltd says, “We are going to open 13 new stores in the cities where we currently have stores. We will open five zip stores and balance will be mega stores (10,000 – 12,000 square feet).”
Croma is promoted by Infiniti Retail Ltd, a 100 per cent subsidiary of Tata Sons. At present, it has 39 stores in Mumbai, Delhi/NCR, Ahmedabad, Surat, Vadodara, Bangalore, Hyderabad, Pune, Rajkot and Chennai.
— Diwakar Kumar