Cafe de Coral expansion stays on track despite rising costs

Fast food chain Cafe de Coral will not slow the opening of shops despite rising labour, rent and raw materials costs.

The company also said it would offset the impact of inflation by improving productivity and offering new products to customers.

"If we simply transfer the cost pressure to our consumers, nobody will buy," chief executive Sunny Lo Hoi-kwong said.

Lo said the company would fully support the government's plan to increase the minimum hourly salary to HK$30 from HK$28. "We will adjust our employees' salaries according to market conditions," he said.

via Business feed http://www.scmp.com/business/companies/article/1091694/cafe-de-coral-expansion-stays-track-despite-rising-costs