Skip to main content

Croma opens 58 outlets in 6 months

Croma retails more than 16,000 products from over 550 brands at 370+ stores across 100+ cities in India

New Delhi: Tata-owned Consumer durables and electronics (CDE) retail chain Croma has been on an expansion spree this year. Just six months into the year and the brand has opened 58 stores so far, out of which 41 outlets were opened in the January-March quarter and 17 were rolled out in the April-June quarter, the company said in response to an email query.

In the month of May, Croma opened nine outlets, each at Pawan Mega Mall in Sonipat (10,000 sq. ft.), Garuda Mall in Bengaluru on (7,500 sq. ft.), Memnagar in Ahmedabad, Gujarat (11,002 sq. ft.), Nana Chhiloda in Ahmedabad, Gujarat (9,138 sq. ft.), Raghuleela Mall in Navi Mumbai, Maharashtra (11,302 sq. ft.), Panna Road in Satna, Madhya Pradesh (8,500 sq. ft.), Urrahat in Rewa, Madhya Pradesh (10,000 sq. ft.), KK Road in Kottayam, Kerala (9,584 sq. ft.) and TDI Connaught Plaza in Mohali, Punjab (10,600 sq. ft).

Croma

In June 2023, Croma had opened 5 stores till the 19th. These include two stores in Tamil Nadu—a 10,998 sq. ft. store at DSM Mall in Tirupati and 9,900 sq. ft. outlet at Safura Unity in Vadapalani, Chennai; two in Maharashtra—a 10,029 sq. ft. store on Dindori Road in Nashik and a 8,263 sq. ft store at S K Plaza at Khidkali in Thane; and one in Delhi NCR—a 10,000 sq. ft. store in Gurugram at Capital Business Park.

Furthermore, the CDE giant plans to open 16 more outlets across the country (details mentioned at the end of the article), taking its total number of outlets opened in 2023 to 79, said Croma.

The multi-brand digital gadgets and home electronics brand retails more than 16,000 products from over 550 brands at 370+ stores across 100+ cities in India.

croma

The brand’s product basket includes mobiles, televisions, laptops, headphones and earphones, refrigerators, home theatres and soundbars, air conditioners, speakers and media players, washing machines, kitchen appliances, tablets, wearables, cameras and gaming equipment among others.

Croma competes with Reliance Digital and Vijay Sales in the brick and mortar space and online with Amazon India, Flipkart, and Tata Cliq.

In an exclusive with IndiaRetailing in March’23, Croma said that it is eyeing expansion in tier-3 towns in FY23 and the number of store the brand has reached this year, clearly shows its robust expansion plans. To know more, read here.

An offline-first retailer, it has evolved into a successful omni-channel player offering shopping options that include both in-store and online, through its website, which receives a monthly traffic of over 30 million.

Run by Infiniti Retail Ltd., a Tata Group company, Croma was launched in 2006, as a large format specialist retail store selling multi-brand digital gadgets and home electronics.

New Croma stores coming up at…
 1. Chadha mall in Moga, Punjab (9,000 sq. ft.)
2. Platinum Paradise in Mumbai, Maharashtra (8,923 sq. ft.)
3. Ampa Skywalk in Aminjikarai in Chennai (8,213 sq. ft.)
4. Hoshangabad Road in Bhopal, Madhya Pradesh (9,750 sq. ft.)
5. Ratna High Street in Naranpura, Ahmedabad, Gujarat (7,600 sq. ft.)
6. K S Heights in Indore, Madhya Pradesh (7,200 sq. ft.)
7. New Palasia in Indore, Madhya Pradesh (10,505 sq. ft.)
8. Rahim Manzil in Bulandshahr, Uttar Pradesh (9,000 sq. ft.)
9. Glen Avenue in Miraj, Maharashtra (8,585 sq. ft.)
10. Mahalaxmi Arcade in Chikhli, Gujarat (9,000 sq. ft.)
11. Chakrata Road in Dehradun, Uttarakhand (7,000 sq. ft.)
12. Sector 122 in Noida, Uttar Pradesh (9,890 sq. ft.)
13. Sunami Gate in Sangrur, Punjab (9,100 sq. ft.)
14. Venture Arcade in Pottamal, Calicut (9,022 sq. ft.)
15. Su Casa Royal in Narendrapur, Kolkata (9,500 sq. ft.)
16. Indrapuri in Bhopal, Madhya Pradesh (9,870 sq. ft.)

The post Croma opens 58 outlets in 6 months appeared first on Retail News | Retail Industry | Business Information & Latest News.



from Retail News | Retail Industry | Business Information & Latest News https://ift.tt/syK8T1V
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Eagle Labs launches impirica CBD brand

ST. PETERSBURG, Fla. — Eagle Labs has launched impirica, a new brand of CBD intended to eliminate consumer fear, and increase confidence, in trying the exciting new cannabidiol category. Michael Law Although most Americans have now heard about CBD, many are very confused and concerned about product quality. This is inhibiting trial in the category and holding back conversion into sales. In fact, a 2017 study by Johns Hopkins University found that two out of three CBD products on the shelf did not contain the amount of CBD reflected on the label. Furthermore, in 2018 and 2019, the FDA sent notices to a substantial number of CBD manufacturers advising them of serious concerns about product quality or egregious medical claims. The impirica brand looks different than most CBD brands — the brand name itself connotes testing and trust, says Eagle Labs chief commercial officer Michael Law. “It doesn’t use the traditional category colors of browns and greens, and you won’t find a hemp...
68 comments
Read more

Coronavirus Recovery: Canadian Small Businesses Must Focus on Easing Employee, Customer Fears

By M. Tina Dacin and Laura Rees A small business has been  given the green light to reopen amid the COVID-19 pandemic . What does it need to consider for employees and customers? Small business owners are reorganizing physical space to account for continued distancing requirements and rethinking supply chains to deliver products and services in new ways to meet changing demand patterns. But they must not forget the hearts and minds of employees and customers. That doesn’t mean replacing a focus on the bottom line, but it helps address the need for a new set of expectations and ways of communicating in terms of product or service offerings, delivery methods and real-time feedback. Based on our expertise in organizational behaviour and past research we’ve conducted, we provide a set of recommendations to help small businesses thrive in our new COVID-19 economy by looking after the hearts and minds of the people most important to businesses — employees and customers. Fear, Anxi...
1 comment
Read more

World's 1st Pizza Subscription Service Launches in Toronto

general assembly subscription user opening delivery box of pizza. photo: general assembly pizza By Mario Toneguzzi Toronto-based General Assembly Pizza has launched what it describes as the world’s first pizza subscription service as it also plans to aggressively expand its product offering in the near future by opening a new concept in the market. "Since opening our doors in 2017, we have pushed for the best guest-experience possible — that's why our dough is 100 percent naturally leavened, that's why we have a purpose-built 400-square-foot pick-up and delivery area, and that's why we’ve launched a direct-to-consumer subscription-based ecommerce platform,” said Founder & CEO Ali Khan Lalani. “In 2020, providing the best guest experience means General Assembly Pizza has to be more than a restaurant. I'm proud to say that after almost six months of planning, many roadblocks, and countless pivots — all while maintaining our day-to-day restaurant operatio...
1 comment
Read more