Some of the larger consumer durable retail chains such as Croma and Next are keen on expanding their business by buying out small retail chains across the country to expand their business. Several of these companies are having discussions with small regional players like Mumbai based Sumaria, Sony Mony and Kohinoor, Hyderabad based Shah’s and TMC, and Bangalore based Shubham.
On the other hand several larger regional consumer durable retailers such as Vivek’s and Vijay Sales are keen on tying up with international retailers such as Dickson and Best Buy. The recent sales at Gudi Padwa festival which is the traditional time to purchase electronics, showed that consumers prefer organized formats such as Croma, Next and Vijay Sales where sales were significantly higher than small consumer durable stores.
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