All Caffe Nero articles
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NewsLord Sugar challenges Caffe Nero CVA
Lord Sugar’s private commercial property group, Amsprop Investments, has lodged a legal challenge against Caffe Nero’s company voluntary arrangement (CVA), Sky News reports.
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News
Caffè Nero founder pledges £5m ‘survival fund’ to see it through CVA
Caffè Nero founder Gerry Ford is pledging a £5m ‘survival fund’ to see the struggling coffee chain through its financial restructuring, Sky News reports.
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News
Caffe Nero approves CVA amid takeover approach
Caffè Nero has approved its Company Voluntary Arrangement (CVA), including a modification that the company will ensure compromised creditors, including landlords, will have their arrears paid in full in the event that a sale of the group to the third party occurs within the next six months.
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News
Caffè Nero rejects ‘disruptive’ EG Group bid
Caffè Nero will press ahead with its company voluntary arrangement after rejecting a last-minute takeover bid from petrol forecourt and fast food operator EG Group.
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News
EG Group eyes bid for Caffe Nero
EG Group, the petrol forecourt and fast food operator, is eyeing a takeover bid for Caffe Nero, Sky News reports.
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News
Caffe Nero enters CVA
Caffe Nero entered announced it had entered into a Company Voluntary Arrangement (CVA) last night, blaming the second national lockdown.
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News
Caffè Nero considers CVA
Caffè Nero is exploring a company voluntary arrangement (CVA) as it looks to respond to the ongoing impact of the coronavirus crisis, Sky News reports. Last month it was reported the business had hired KPMG to look at negotiating rent cuts, and whilst it is yet to make a final decision about the CVA it is expected in the coming weeks.
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News
Caffè Nero hires KPMG to negotiate rent cuts
Caffè Nero has reportedly hired KPMG as it looks to negotiate rent cuts and review its property portfolio, Sky News reports.
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News
Karen Jones: Why is it so important that hospitality wholeheartedly supports NHS Test and Trace?
So it’s a Bank Holiday weekend, pay day for many and the last EOTHO on Bank Holiday Monday. Many of our restaurants and pubs across the UK will be very busy and it seems an opportune moment to remind ourselves of the vital importance of all our places fully supporting NHS Test and Trace. Why is it so important that hospitality wholeheartedly supports NHS Test and Trace? Because hospitality offers safe spaces for people to enjoy being with friends and family. Because we are often at the centre of our communities and high streets. We have a real responsibility to keep our customers, our teams and our communities safe and well. NHS Test and Trace is a powerful way to do just that: collecting and providing the information to help break the chain of transmission and control the virus.
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Longreads
The rise and fall of Coffeesmiths Collective
One of the more intriguing growth stories of the past ten years, Coffeesmiths Collective is the latest business to begin insolvency proceedings, as parts of the business enter liquidation.
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News
Comptoir Libanais, Fuel Juice Bars and D&D London latest in sector reopenings
Comptoir Libanais, Fuel Juice Bars and D&D London are among the latest operators to reopen sites for delivery and takeaway this week.
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Interviews
What it’s like to operate in lockdown part six: Caffè Nero
Caffè Nero Group CEO Gerry Ford talks to MCA about the extent of necessary on-site safety protocols, the encouraging response from staff and consumers so far, and what the business plans to do next.
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News
Caffè Nero launches delivery
Caffè Nero is to launch an all-new delivery service this month in an exclusive partnership with Uber Eats.
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News
Operators continue to reopen for takeaway and delivery
Starbucks, Subway, Chipotle, Caffe Nero and Loungers are among the latest operators to reopen sites for delivery and takeaway services this week.
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News
Caffe Nero to reopen eight cafes
Caffè Nero has announced it will be re-opening eight stores next week on a trial basis for takeaway.
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News
Dishoom, Burger King and Caffé Nero remove to-go and delivery options
Dishoom, Burger King and Caffé Nero are among the latest operators to announce a full estate-wide closure, removing collection, takeaway and delivery options.
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News
UKH and Industry CEOs call on Government for immediate support
In a joint letter with UK Hospitality, over 200 CEOs from across the hospitality industry have appealed to the Prime Minister to ’act without delay’ in implementing immediate government support for the sector.
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Analysis & Insight
UK coffee shop numbers shrink by 0.9%
The UK coffee shop market has shrunk by 0.9% in terms of outlet numbers, following restrained investment in the context of Brexit uncertainty and tough high street trading, Allegra World Coffee Portal reveals.
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News
Veganuary operator offering round-up
Once again, Veganuary is upon us, and with the number of vegans more than doubling to 600,000 between 2016 and 2019, this year’s operator offering is bigger than ever.
