75 Costa Coffee outlets

Costa Coffee outlets

NEW DELHI: UK-based coffee chain Costa Coffee is focusing on making its India outlets profitable rather than just increasing count, said a top executive of the company.

"What we have now come to know is that this business can be very profitable for us if we do the right things rather than chasing numbers, " said Virag Joshi, president & CEO of Devyani International, which is the master franchise for Costa Coffee in India. "We said (to ourselves) let's do all the corrections of either shutting down shops or relocating them or renovating them."

Devyani International is also the master franchisee of global restaurant chains KFC and Pizza Hut in India.

"Rather than chasing numbers, we thought let us open Costa only at places where we see 100% profitable model for us." "Good location is a must for us to open any new outlet, " Joshi said.

The company, which touched revenue of .`100 crore in the current financial year, had seen some turbulent times in the past.

Source: economictimes.indiatimes.com
RELATED VIDEO
Costa Coffee bans Cliff Richard’s Mistletoe and Wine
Costa Coffee bans Cliff Richard’s Mistletoe and Wine
Cafe Review: Costa Coffee, Delhi
Cafe Review: Costa Coffee, Delhi
Costa Coffee hires challenged attendants
Costa Coffee hires challenged attendants
RELATED FACTS
Share this Post

Related posts

Costa Coffee at Home

Costa Coffee at Home

APRIL 19, 2024

Concentrate on the descriptions. Lighter roasted coffees will have more aroma and flavour. The darker the roast, the more…

Read More
Costa Coffee Corporate

Costa Coffee Corporate

APRIL 19, 2024

The original Costa coffee shop opened in 1978 by brothers Sergio and Bruno, now in private hands. Photograph: John Stillwell/PA…

Read More