All Caffe Nero articles – Page 14
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Weekend Press
Weekend press round-up, 25-27 May
Please see below our roundup of this weekend’s newspapers: Pubs Britain’s pubs face lost decade The pub industry faces a lost decade with sales unlikely to hit 2007 levels for at least another five years despite the government’s efforts to reduce the cost of beer in the latest budget. Tightened ...
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OpinionFull of beans
Here’s a question for you, what constitutes a coffee shop these days? According to the latest figures, there are c15,700 coffee shops in the UK,
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News
UK coffee shop growth set to continue
The total UK coffee shop market grew 7.5% in 2012 to reach £5.8bn in turnover, and it is expected to increase to 20,000 sites with a £8bn turnover by 2017.That’s according to an annual report on the sector from Allegra Strategies, which says the total number of outlets grew 4% ...
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News
Krispy Kreme prepares to make Scotland debut
Krispy Kreme, the doughnut retailer, is to make its debut in Scotland next February with the opening of a drive-thru site at the £4m Hermiston Gait Retail Park development in Edinburgh.The group, which is backed by Alcuin Capital Partners, will open its first Hotlight store in the country on 13 ...
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News
DP Poland ‘all about the delivery’
A leading analyst has said that the recent £10.5m fundraising by Domino’s Pizza Poland (DPP) should be sufficient to see the group through to profitability, and now it is all about the delivery.Nick Batram at Peel Hunt said that DPP presents investors with a unique opportunity to gain exposure to ...
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Weekend Press
Weekend press round-up, 17-18 November
Financial results and company newsEnterprise Inns profits fallPoor weather and Olympic disruption are expected to have caused a 13% to 14% fall in pre-tax profits for Enterprise Inns, when the pub group announces its full-year results on Tuesday. Sales in the year to September 2012 were down on the previous ...
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NewsFY EBITDA up 4.7% at Caffe Nero
Caffe Nero, the independent coffee chain, reported a 4.7% rise in underlying profits for the year to 31 May 2012, and a 2.7% increase in like-for-like sales during 12 months in which it opened 51 new stores.
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News
Ford and Moore join DP Poland board
Gerry Ford, chairman and chief executive of Caffe Nero, and Chris Moore, the former chief executive of Domino’s Pizza, are to join the board of Domino’s Pizza in Poland (DP Poland), which has announced a cash placing to raise £10.5m.
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Opinion
Do pubs really sell more coffee than cafes?
A recent claim that pubs are the UK’s top sellers of coffee, selling more than coffee shops, has caused astonishment in the hot-beverage trade, says Ian Boughton, the editor of the leading trade journal for the coffee shop sector.The claim, which led to such headlines as ‘UK’s pub chains are ...
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News
New restaurant quarter planned for Redditch
Capital & Regional is planning to create a new restaurant quarter for its one million sq ft Kingfisher Centre in Redditch, West Midlands. It has appointed Davis Coffer Lyons to secure operators for four new restaurant units from 3,200 to 7,500sq ft, available to let from 2013, located at main ...
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News
Pubs generally performed better than restaurants
A leading analyst has said that now that all of the major operators have updated the market on current trading, it can be concluded that pubs have generally performed better than restaurants, while London has again, despite the Olympics, been the basis of geographic outperformance.Geof Collyer at Deutsche Bank said: ...