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QSR Cos Growth: Retail cos, QSRs expand at slowest pace in 5 years, ET Retail

QSR Cos Growth: Retailers and quick-service restaurant chains in India experienced the slowest pace of store expansion in five years at 9%, with 33,219 stores as of March 31. In FY23, the number was 30,551, up 18% from the previous year. These companies added 2,700 stores, averaging 7 a day, but that s nearly half compared to 13 doors each day in FY23. Retail sales growth rate fell year-on-year every month in the previous fiscal, reflecting weak consumer sentiment across segments like apparel, footwear, and QSR.

Ashish dikshitLalit agarwalRajeev varmanTata trentTitan coRetailers association of indiaRepresentative imageReliance retailAditya birla fashionRetailers associationRestaurants brands

QSR cos growth: Retail cos, QSRs expand at slowest pace in 5 years

Retailers and quick-service restaurant chains in India experienced the slowest pace of store expansion in five years at 9%, with 33,219 stores as of March 31. In FY23, the number was 30,551, up 18% from the previous year. These companies added 2,700 stores, averaging 7 a day, but that s nearly half compared to 13 doors each day in FY23. Retail sales growth rate fell year-on-year every month in the previous fiscal, reflecting weak consumer sentiment across segments like apparel, footwear, and QSR.

Tata trentRajeev varmanAshish dikshitLalit agarwalTitan coRetailers association of indiaReliance retailAditya birla fashionRetailers associationSlowest paceRestaurants brands

NDWBF 2024 ends on a high note: Next edition of NDWBF from 1-9 February 2025

NDWBF 2024 ends on a high note: Next edition of NDWBF from 1-9 February 2025
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Taco Bell s Manager to the CEO of Burger King India: Here s about Rajeev Varman who is changing the course of restaurant industry with his 30-year experience

Taco Bell s Manager to the CEO of Burger King India: Here s about Rajeev Varman who is changing the course of restaurant industry with his 30-year experience
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Burger King launches Unbelievably Tasty Meals starting at just Rs 99

Burger King launches Unbelievably Tasty Meals starting at just Rs 99
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