Media Coverage

Tata Starbucks to delay store expansion plan as customer footfalls drop

Scritto da Consorzio E.S.E. | 17/12/2024

The Hindu Business Line (Daily / India)

Tata Consumer Products will push back plans for some new Starbucks store opening as fewer customers are walking into its cafes, its top boss said. "We will calibrate for the short term – maybe instead of opening 100, we will open 80 now, and next year we will open 120 instead of 100," Tata Consumer CEO Sunil D'Souza told Reuters, adding that Tata Starbucks is still focused on reaching its goal to operate 1,000 stores by 2028.