Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
'Starbucks profitable, expansion hurting biz'
Mint Bangalore
|June 19, 2025
Coffee chain Starbucks, which operates in India via a 50:50 joint venture with Tata Consumer Products Ltd (TCPL), is seeing store-level profitability, but rapid expansion is hurting its profitability, a top Tata Group executive said.
"While the individual Starbucks stores are indeed profitable, we're currently in an investment phase. This explains the discrepancies you're observing in our financial outcomes," said P.B. Balaji, group CFO of Tata Motors and non-executive director of Tata Consumer Products, while addressing shareholders at the company's 62nd Annual General Meeting on Wednesda
Cette histoire est tirée de l'édition June 19, 2025 de Mint Bangalore.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Bangalore
Mint Bangalore
Iran has so much unsold oil that it’s stashing in derelict tanks
Iran is scrambling to find new ways to store its oil, hoping to avoid a crippling production shutdown as a U.S. naval blockade bottles up its exports and negotiations to end the war
1 mins
April 29, 2026
Mint Bangalore
HOW A NEWBIE BAKER GREW TO 4 MN LOAVES A MONTH
The Health Factory has managed to turn a routine purchase into a repeat, high-value one. The inside story
9 mins
April 29, 2026
Mint Bangalore
Health data and AI can deepen insurance penetration
Nearly 70% of Indians lack meaningful health insurance.
3 mins
April 29, 2026
Mint Bangalore
Bagmane Prime REIT IPO on 5 May
Blackstone-backed Bagmane Prime Office REIT is poised to hit the capital markets with its ₹3,405 crore initial public offering (IPO), scheduled to open on 5 May.
1 min
April 29, 2026
Mint Bangalore
Bandhan Bank pegs ₹1,250 cr provisioning hit from ECL
A day after the Reserve Bank of India directed banks to transition to the expected credit loss (ECL) framework for recognizing stressed loans, Bandhan Bank on Tuesday said it estimates a onetime provisioning impact of ₹1,250 crore from the shift.
1 min
April 29, 2026
Mint Bangalore
WishCare explores majority stake sale at ₹3k-cr valuation
The move comes as Indian beauty startups gain popularity via e-commerce, premiumisation
2 mins
April 29, 2026
Mint Bangalore
Urban Company to launch air conditioner-purifier combo
Urban Company
2 mins
April 29, 2026
Mint Bangalore
Air India, IndiGo, SpiceJet seek govt relief on ATF price
West Asia turmoil has raised oil prices and airline costs, especially on long-haul routes
1 mins
April 29, 2026
Mint Bangalore
Country-of-origin rule for e-retail deferred by a year
The government has extended the timeline for the mandatory country-of-origin filter on all e-commerce platforms by a year to 1 July 2027.
1 mins
April 29, 2026
Mint Bangalore
AI is confronting a supply-chain crunch
A new craze has taken hold of Silicon Valley in recent months.
5 mins
April 29, 2026
Listen
Translate
Change font size