Cafe Coffee Day Shuts 280 More Outlets In Apr-June Qtr


Homegrown coffee chain Cafe Coffee Day (CCD)has closed down around 280 outlets in the first quarter of the current fiscal year, citing profitability issues and likely future increase in expenses, a company statement said.

With these closures, the total count of its outlets stood at 1,480 as on June 30, 2020.

Cafe Coffee Day is a brand owned by Coffee Day Global, a step-down company of Coffee Day Enterprises Ltd (CDEL).

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