NIFTY 50

CCD has shut close to 500 outlets since April as it readies for divestment

Updated : November 16, 2019 01:16 PM IST

The company has cited a drop in margins and an increase in costs as reason
The company had announced the closure of 280 cafes in the first quarter
Current cafe outlet count for CCD stands anywhere between 1,200-1,300

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