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STARBUCKS LOSES SOME STARS AS INDIA GROWTH DIPS TO ITS SLOWEST

(Indian Business Insight)

Tata Starbucks Private Limited, which operates 91 stores in India, recorded its slowest sales growth of 14 percent for 2016- 2017 as against 39 percent in 2015-2016. The coffee retailer reported net sales of Rs272 crore ( Rs239 crore). Its loss narrowed to Rs32 crore from Rs41 crore. The company’s stores sells coffee, snacks and merchandise and the

revenue per store is about Rs3 crore.

 

 

 

 

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