Indian coffee chain Cafe Coffee Day shuttered 280 outlets between April and June due to low profitability and potentially rising costs. The firm, which now operates 1480 outlets, has also reported a decline in average daily sales from 15,739 cups to 15,445…
Indian cafe chain Coffee Day has partnered with Japanese sales-floor support-service business Impact HD to grow its retail network in India. The joint venture plans to rapidly build market share in the region’s neighborhood retailing sector, launching a…
Coffee Day Enterprises Ltd Wednesday reported a 59.78 percent fall in consolidated net profit at Rs 23.83 crore for the September quarter due to higher expenses. The company had reported a net profit of Rs 59.26 crore in the corresponding period of the…