Cashify to expand retail network with 80 new stores

Re-commerce platform Cashify plans to open 80 new retail stores across the country by March 2023 to capitalise on booming demand for refurbished laptops and smartphones. The company currently has 170 stores, which it plans to grow to 250 with an investment of ₹30 cr. The company also plans to grow its retail presence to 100 cities by December-end from the current 77. Cashify is seeing strong demand for refurbished laptops, driven by an increase in prices of new consumer electronics. Signage companies engaging in in-store branding and related graphic applications will gain a new business impetus with Cashify’s aggressive retail expansion move.