Ovenfresh aims to double its outlets by 2014-end

Chennai-based Ubiquitous Foods, which runs bakery chain Ovenfresh, is set to expand its operations to the high streets to target the retail consumer. The company, which has focused on outlets in IT parks and office complexes, plans to nearly double its outlets from 28 to 50 by the year end.  Last year it raised an undisclosed amount of funding from venture capital firm Kalaari Capital. The company has expanded from nine outlets to 28 in the past six months. Ovenfresh started in Chennai but is also present in Bangalore. It plans to have 80 outlets in these two cities. Such retail expansion of big players in the sector is indeed a big business opportunities for signage companies whose activities are involved in in-shop designs, displays and related tasks.