Croma to open 101st store in Mumbai on Wednesday

| Prashant Duggal

Croma, the electronics chain, will open its 101st store in Mumbai on Wednesday.

The chain, owned by retail chain Infiniti Retail, is one of the pioneers of India’s modern retail revolution, and India’s biggest electronics retail chain.

The store, to be located at Prabhadevi in central Mumbai, will be inaugurated by Ajit Joshi, MD & CEO, Infiniti Retail in the presence of Cyrus Mistry, chairman of the Tata group, which owns Infiniti.

The store will be located in Century Bhavan.

Croma competes with Ezone from Future Retail and Nest from the Videcon group.

RELATED

zudio
HDFC Sec reiterates SELL on Trent on 'heady valuations' despite strong growth Mumbai-based brokerage HDFC Securities has reiterated a SELL rating on retail giant Trent Ltd with a target price of Rs…
METRO
Metro Brands to pursue multi-brand, multi-channel strategy Mumbai-based footwear retailer Metro Brands Ltd plans to pursue a multi-channel, multi-brand strategy for growth in coming quarters, the company…
mall
Will E-Commerce Kill The Malls? Not According To JM Financial Many believe malls have no future, but JM Financial is not one of them One of the hottest topics of…
rustomjee
DB Realty Divests Rustomjee Crown for Rs 231 Crore DB Realty Limited has executed a share purchase agreement to sell its entire stake in wholly-owned subsidiary Real Gem Buildtech…
irasva
Renaissance Global retail sales up 23% YoY in Jul-Sep Mumbai-based jewellery company Renaissance Global Limited (RGL) posted a strong 23% year-on-year growth in its direct-to-consumer (D2C) business revenue to…
CERA
Cera Sanitaryware Reports Steady Growth in Q2 FY24 Ahmedabad-based Cera Sanitaryware Limited, a leading manufacturer of sanitaryware, faucets and wellness products in India, reported steady revenue growth of…
auto
Indian Automakers Build Up Inventory Ahead of Crucial Festival Season Indian automakers are stocking up inventory big time in the hope of a revival of demand during the upcoming festival…
yesbank
CARE Ratings Upgrades Yes Bank on Improved Opg Metrics Credit rating agency CARE Ratings upgraded Yes Bank's long-term debt instruments citing improved operating metrics, including the recent restructuring of…
rustom
Rustomjee acquires Dahisar plot for Rs 219 cr Keystone Realtors Limited, a leading real estate developer in Mumbai, said it acquired a 16,152 sqm plot of land in…
vark
Vakrangee Reports Strong Profits in Q2 Results Mumbai-based Vakrangee Limited, a technology-driven company focused on building India's largest network of last-mile retail outlets, announced a sharp increase…