cafe Archives - Third Eyesight: leading management consultant - retail, consumer, fashion, food, textiles, home, strategy, India, business growth, marketing, ecommerce, omnichannel

Depresso! Cafés go through the grinder

admin — Thu, 09 Jan 2025 00:03:00 +0000

Sagar Malviya, Economic Times 9 January 2025 Starbucks, Barista, Chaayos and Third Wave Coffee are among café chains facing the brunt of a slowdown in discretionary consumer spending. The impact is more severe for these retailers as they opened hundreds of new stores last fiscal year even as losses widened. To be sure, smaller chains […]

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Mid-sized global restaurant chains find Indian market palatable

admin — Mon, 19 Aug 2024 12:43:00 +0000

Recent months have seen several mid-sized global cafes and restaurant brands enter the Indian market or negotiate with local partners. Brands such as Le Pain Quotidien and Laduree are strategically investing in select cities to remain profitable, focusing on niche markets and introducing diverse cuisines.

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Starbucks Records Slowest Growth Since Pandemic In India Last Fiscal

admin — Mon, 06 May 2024 10:59:00 +0000

Starbucks faces challenges not only in India but also globally, with analysts expecting new store openings rather than an increase in sales at existing ones to drive growth.

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CCD get some respite as bankruptcy proceedings stayed for now

admin — Mon, 28 Aug 2023 14:32:00 +0000

Drop in outlets by almost 75% since FY19; group debt drops to Rs 1,711 crore in FY23 from Rs 7,214 crore in FY19

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Almost 20 foreign brands set to enter India

admin — Fri, 18 Aug 2023 13:00:00 +0000

An attractive retail market, growing affluence and changing consumer tastes are among the key reasons for the interest shown by foreign brands in India, said experts.

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Starbucks brews up cheaper India drinks as domestic rivals expand

admin — Wed, 07 Jun 2023 13:11:00 +0000

Starbucks is revamping its strategy to lure Indians, including children, with smaller, cheaper beverages as it looks to expand in small towns

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Cafe Coffee Day cuts store count by 73% in five years

admin — Mon, 05 Jun 2023 14:41:00 +0000

A lot has happened at the Cafe Coffee Day (CCD) since its founder VG Siddhartha tragically passed away on July 29, 2019. The need to manage group debt and ensure that the business is profitable, say experts, has led to CCD shuttering stores over the last few years.

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Reading the tea leaves: From chai to high tea

admin — Fri, 02 Sep 2022 07:00:00 +0000

Written by Christina Moniz Retail chains are on an expansion spree, riding on growing demand from a young consumer cohort Just about a month back, Wagh Bakri Tea Group, the third largest packaged tea company in India with a turnover of over `1,500 crore, opened its 15th tea lounge in Noida’s upscale DLF Mall of […]

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Reliance to launch British sandwich outlet Pret A Manger in India

admin — Wed, 29 Jun 2022 23:56:00 +0000

Written By Aditya Kalra & Abhirup Roy MUMBAI, June 30 (Reuters) – Reliance Industries (RELI.NS) said on Thursday it would open outlets of Pret A Manger in India under a franchise deal with the British sandwich and coffee chain, a first foray by the Indian firm in the country’s growing food and beverage industry. Reliance […]

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Why are homegrown tea companies foraying into quick-service restaurants?

admin — Sun, 06 Oct 2019 23:42:00 +0000

Indian tea brands want a piece of this steaming hot business. Written By Devika Singh The company now plans to expand to the North Indian cities of Gurugram, Chandigarh, Amritsar and Lucknow, among others. Homegrown tea makers are foraying into quick-service restaurants (QSRs) to tap into the ‘eating out’ culture in India and grow the […]

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