The Mumbai-based coffee chain has reined in outlet growth this year to focus on greater revenue growth, a move which has yielded its first like-for-like sales growth for 12 months
India’s Tata Consumer Products has reported a fourth successive quarter of curbed outlet growth for Tata Starbucks. However, a recent government tax reduction on food and beverage services and a greater focus on revenue generation marked a return to like-for-like sales growth in its second quarter.
