Tata Group-owned Infiniti Retail which runs the electronics store Croma will reportedly be opening 100 small exclusive Apple stores across the country.
According to the Economic Times, Tata subsidiary Infiniti Retail will become an Apple franchisee, opening 500 sq ft – 600 sq ft stores in malls, high-end streets, and posh neighbourhoods. These stores, unlike the premium Apple stores, will be smaller in size and will primarily sell iPhones, iPads, and watches. Newer Apple stores will be unable to open in areas where Tata has established Apple outlets.
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Tata Group-owned Infiniti Retail which runs the electronics store Croma will reportedly be opening 100 small exclusive Apple stores across the country.
According to the Economic Times, Tata subsidiary Infiniti Retail will become an Apple franchisee, opening 500 sq ft – 600 sq ft stores in malls, high-end streets, and posh neighbourhoods. These stores, unlike the premium Apple stores, will be smaller in size and will primarily sell iPhones, iPads, and watches. Newer Apple stores will be unable to open in areas where Tata has established Apple outlets.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
