Skip to main content

With a presence in 400 locations, Café Coffee Day has the highest store network in India: GapMaps Report

Barista has the second-largest store network in India with 350 locations followed closely by Starbucks with 340 stores

Mumbai: Café Coffee Day holds the most prominent store network with over 400 locations despite up to 1,000 store closures over the past three years, according to cloud-based data intelligence platform GapMaps’ first Cafe Retail Network Report.

Barista has the second-largest store network in India with 350 locations across the country followed closely by Starbucks with 340 stores, the report found.

Whilst the top 3 brands have store networks across the majority of the 26 cities with over 20 lakh residents, the report shows they only operate store networks across half of the Tier-1c cities with 10-20 lakh residents, and only 20% of the 75 Tier 2 cities with populations ranging from 5 lakhs to 10 lakhs residents.

Café Retail Network Report in India for 2023 tracks store counts and market penetration of 9 leading café brands in nearly 1,800 locations across India. Other tracked brands include Chaayos and Theobroma which also maintain sizable store networks, each with over 150 locations.

“Even after adjusting for incomes, the store provision of the major brands is relatively low by international standards and there remains ample opportunity for store growth within major cities across India. In addition, continued income growth across the country will further increase the addressable market and store potential for these brands,” said Andrew Smith, director of economics and research, GapMaps.

GapMaps’ first Café Retail Network Report for India in 2023 illustrates the sector’s notable growth opportunities for brands looking to expand their store networks in the region. Moreover, the favourable economic climate is anticipated to accelerate this growth and open the door for more brands in the country.

Founded in 2013, GapMaps is an Australian-built- and owned company that helps businesses to make better location decisions by integrating the latest socio-demographic, economic, customer and competitor Intel on one simple-to-use platform called GapMaps Live. GapMaps Live can be found in 23 countries, with more than 500 clients across fast food, cafe, health and fitness and many other sectors using it every day to inform their network growth or optimisation strategies. GapMaps Advisory experts can also offer additional help with market planning and location intelligence strategies if needed.

The post With a presence in 400 locations, Café Coffee Day has the highest store network in India: GapMaps Report appeared first on India Retailing.



from India Retailing https://ift.tt/lm50uH6
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Eagle Labs launches impirica CBD brand

ST. PETERSBURG, Fla. — Eagle Labs has launched impirica, a new brand of CBD intended to eliminate consumer fear, and increase confidence, in trying the exciting new cannabidiol category. Michael Law Although most Americans have now heard about CBD, many are very confused and concerned about product quality. This is inhibiting trial in the category and holding back conversion into sales. In fact, a 2017 study by Johns Hopkins University found that two out of three CBD products on the shelf did not contain the amount of CBD reflected on the label. Furthermore, in 2018 and 2019, the FDA sent notices to a substantial number of CBD manufacturers advising them of serious concerns about product quality or egregious medical claims. The impirica brand looks different than most CBD brands — the brand name itself connotes testing and trust, says Eagle Labs chief commercial officer Michael Law. “It doesn’t use the traditional category colors of browns and greens, and you won’t find a hemp...
70 comments
Read more

Sagar Daryani, CEO and Co-founder – Wow! Momo & Saga: From a Kiosk to a Kingdom

Sagar Daryani’s entrepreneurial odyssey from humble beginnings to pioneering success has redefined the landscape of food startups in India. Co-founding Wow! Momo, he has spearheaded the growth of the largest indigenous QSR chain in the country, crafting a remarkable saga of triumph The Genesis: A Visionary Venture Takes Root In 2008, armed with a mere Rs. 30,000 and boundless ambition, Sagar Daryani and Binod Homagai embarked on their entrepreneurial journey while still pursuing their graduation in B.Com Hons from St. Xavier’s College, Kolkata, even before their college results were out. They knew the value for money and boot-strapped to plough back profits and grow their venture. Sagar spearheaded brand expansion, brand creation, and marketing and retail operations. Grew across the city with a strong consumer focus. The early days were hard but keeping track of the money flow was even harder. Believing in the concept of ‘1 rupee saved is 5 rupees earned’, and the lessons they lear...
1 comment
Read more

Homegrown ice cream chain HOCCO to open 250 stores, eyes Rs 400 crore by FY26

Ankit Chona, Founder and Managing Director of HOCCO, delves into the company’s revenue model, growth strategies, and vision for the future… Bengaluru: HOCCO (House of Chonas Collaborative) , the Ahmedabad-based ice cream and quick-service restaurant (QSR) chain, boasts a rich legacy spanning over 70 years, with roots tracing back to pre-independence India. The Chona family has been deeply entrenched in the food industry since 1944, originally operating in undivided Pakistan. Following the Partition, Satish Chona , an engineer with British Overseas Airways Corporation, relocated from Karachi to India. After journeying through multiple cities, he ultimately settled in Ahmedabad, where he established his first QSR outlet in 1953. Three decades later, he expanded into the casual dining segment, launching a restaurant in Baroda while continuing the family’s ice cream manufacturing business. However, in 2017, the company sold its ice cream division to a South Korean firm, shifting its fo...
Post a Comment
Read more