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TIM HORTONS EXPANSION
Tata Consumer Products to add 50-100 Starbucks outlets annually; sees potential for 8,000 unitsTata Starbucks aims for massive expansion in India, with plans to reach 8,000 stores. The coffee chain is now profitable at the operating l...- Haldiram’s new recipe for India’s next-gen appetite comes with a big QSR ambitionIndian sweets giant Haldiram Group is reportedly in talks to bring American sandwich chain Jimmy John's to India. This move signals a signi...
- ₹99 espresso shot takes on Starbucks and Tim Hortons in IndiaIndonesian coffee chain Kopi Kenangan, valued at over $1 billion, has entered the Indian market, launching its first outlet in Delhi. The c...
- Depresso! Cafés go through the grinderStarbucks, Barista, Chaayos, and Third Wave Coffee are facing a slowdown in growth due to rising competition and reduced consumer spending....
- It's coffee as usual for Starbucks in India: Appointment of new chairman won't alter plansStarbucks' abrupt leadership change won't affect Tata Starbucks' Indian expansion plans, per Tata Consumer Products CEO Sunil D'Souza. The ...
- Starbucks’ FY24 losses widen to Rs 81.84 crore for India operationsOf its total loss, Tata Consumer bore Rs 40.91 crore. This is a significant increase compared to the previous year, when Starbucks reported...
- Bullish on India as it has everything in place to accelerate trajectory: Starbucks Global CEO NarasimhanStarbucks CEO Laxman Narasimhan has announced plans to open a new store every third day in India to operate 1000 cafes by 2028. The company...
- Coffee giants pin high hopes on India on Gen Z, millennial spending powerWhile Starbucks has been present in India for some time, Canadian coffee chain Tim Hortons made its foray in New Delhi last year. It is now...
- It's the cafe chains that the young are flocking toCafe chains in India are now growing faster than quick service restaurants (QSR) as younger, aspirational consumers increasingly prefer to ...
- Tata Starbucks eyeing strong growth"You obviously need to be aware of competition and you cannot ignore them in an environment like ours," said Sushant Dash, CEO of Tata Star...
- Starbucks crossed Rs 1000 crore in annual sales, a decade after opening its first store in IndiaTata Consumer, in its earnings presentation said it ran a pilot in 2022 across four cities in India to drive familiarity among consumer seg...
- India central component to long-term growth plans for Popeyes: Restaurant Brands CEOJubilant FoodWorks Ltd (JFL) CEO Sameer Khetarpal said the company is looking to have around 250 stores of Popeyes in the next four to five...
- Big overseas brands sending out feelers for India debutThese brands are in discussions for signing up local partners and to decide on the location to open stores. They will most likely enter a m...
- Tier-II cities emerging as growth frontier in office and retail sector: ReportAccording to an analysis by CBRE, Chandigarh, Jaipur, Ahmedabad, Kochi, Thiruvananthapuram, Lucknow, Indore, Bhubaneshwar, Vishakhapatnam, ...
- Local retailers hit as malls reserve space for global brandsCanadian coffee brand Tim Hortons entered India recently and plans to open more stores. Reliance Brands has signed up global fresh food and...
- Starbucks’ going desi with masala chai, filter coffeeThe menu now also includes street-style freshly assembled sandwiches, milkshakes, bite-sized snacks and a smaller beverage cup that's being...
- Cluster of global brands bursts on to the Indian sceneAccording to Anarock, demand for luxury goods has been consistent in the country and many international luxury brands have partnered with R...
- QSR scene hots up as foreign chains chart out India plansGloria Jeans Coffee plans to re-enter India by opening outlets in the coming months, years after it had exited the country. Canada-based Ti...
- Canada looks to ‘diversify’, bolster India relationshipFrom health and education to renewable energy and indigenous research in infrastructure, Canada is already engaging with India for fruitful...
- Bhavin Turakhia invests $25 mn in enterprise messenger Flock for expansionTurakhia said that the geographical expansion and language support are in tandem with the company’s philosophy to enhance workplace product...
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