Coffee Day will be opening more than 216 outlets over the next two financial years. Of which 81 would be set up in 2015-16.The company expects to post profit in the current fiscal on higher footfalls and increased consumption. The firm would expand its cafe retail business by opening outlets in new and existing markets, besides also increasing the sales in existing cafes. It would focus on expanding its network, primarily by opening outlets, in high visibility and high traffic locations particularly in tier I and tier II cities. Signage companies dealing in in-shop designs, displays and branding in the retail domain can tap fresh business through such outlet expansion of Coffee Day.
