Croma, retail chain of Tata Group, is looking to open a dozen more stores this financial year. In April, the first month of 2015-16, it launched three stores. Two more are being readied for launch in a month or so. About six percent of overall revenue comes from its private labels; in home appliances, the share of revenue is 25 percent. Croma continues to lead the consumer durables & information technology (CDIT) organised retail market in store throughput. In the immediate future, Croma has set to penetrate deeper into the top CDIT markets of India. Above all, Croma’s retail store expansion will open up new business opportunity for the signage companies dealing in in-shop displays, designs and related activities.
