Cafe Coffee Day Struggles: Outlets Shrink While Vending Machines Surge
Cafe Coffee Day (CCD) is experiencing a decline in its cafe outlets, dropping to 450 in FY24 from 469 in the previous year, and its presence has reduced to 141 cities, compared to 154 the year before. However, the company has seen significant growth in its vending machine operations, which rose to 52,581. Despite the ...