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May, 21 2014

CCD plans aggressive expansion

To add 150 cafes and 120 xpress outlets in 2014.

Café Coffee Day (CCD) is planning an aggressive expansion across the country by adding 150 cafes and 120 xpress outlets this fiscal.

Commenting on the same, Venu Madhav, CEO, CCD, said, “We are targeting a 10 percent growth in outlets and an 18-20 percent growth in revenue during this fiscal (2014-15).”

The company plans to open cafes which will have a size between 800 and 1,000 sq ft each while the xpress outlets are small and on-the-go formats, will be of 125 sq ft each.

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