All Coffee shops & Cafes articles
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NewsShaftesbury Capital reports ‘continued momentum’ across portfolio
The West End landlord says its estates are ‘busy and vibrant’ with high occupancy, footfall and sales volumes
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Weekend PressGrind coffee founder: ‘Keeping founders poor doesn’t help anyone’
Lockdown transformed the prospects of the company after the launch of the direct-to-consumer business, the FT writes
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories featuring new details on the vendor lineup at Market Place Leicester Square, Aqua Restaurant Group’s latest concept, and Bancone’s fifth London site
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NewsSector anger as business rates reform ‘not delivered in full’
The government’s decision to give hospitality only a quarter of the rates discount it originally proposed has been derided with warnings it’s not enough to offset the loss of reliefs
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NewsHospitality reacts with frustration as budget announced
The Chancellor’s fiscal statement has been met with anger and exasperation, with many warning the lack of support for hospitality will lead to further closures and substantial job losses
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NewsPret to take Express format off the market
The self-service branded coffee stations were launched in 2021 with JDE Peet’s, targeting convenience stores, forecourts, universities, healthcare facilities and workplaces
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NewsNational living wage rises to cost sector £1.4bn
Combined with a higher-than-expected 8.5% uplift in the wage rate for 18-20-year-olds, UKHospitality said the increases represent a total £1.4bn in additional cost for businesses
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NewsCafés and restaurants exempt from ‘milkshake tax’
Lattes and milkshakes made in cafes and restaurants will be exempt from the government’s proposed ‘milkshake tax’, which will only apply to packaged drinks, health secretary Wes Streeting is due to tell the Commons today.
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NewsGLP-1s to wipe out $53bn in F&B sales
Snacks, baked goods and confectionary are set to be the biggest losers, alongside alcohol, as more people turn to weight-loss drugs, research from Bloomberg Intelligence shows
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Weekend PressFarewell regular flat white. ‘Functional’ coffees are hitting the high street
Coffees made with extra ingredients like mushrooms, protein and collagen are moving from niche wellness corners into the mainstream, the BBC reports
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NewsLeon to bring Roast Rewards coffee subscription to an end
The move comes as the healthy fast-food group, which was recently reacquired by co-founder John Vincent, says it will be letting go of processes that make daily operations more difficult
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NewsBlack Sheep Coffee signs new agreement for Hertfordshire
The nine-site deal has been awarded to existing franchisee Virutthasalam Prabhakaran - known as Prabha - who currently operates a number sites across London
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NewsKnoops strengthens leadership team with new appointment
The premium drinking chocolate concept has hired Daniel Haberfield, formerly of Starbucks, to run channel development as it grows into new markets
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EventsMCA Hospitality Awards: finalists announced
Voting is now open for the prestigious annual celebration of hospitality excellence, with finalists including Azzurri Group’s Dave’s Hot Chicken, Arc Inspirations’ BOX, Flat Iron and WatchHouse Coffee
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NewsCosta Coffee bidders dwindle as private equity firm KKR pulls out
City sources say owner Coca-Cola is unlikely to recoup the £3.9bn it paid for the chain in 2018 after putting it up for sale earlier this year
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NewsChaiiwala signs multi-unit deal with Splendid Hospitality
The partnership will see the Indian café brand triple its footprint in Nottingham with a new drive-thru and shopping centre location both set to open within the next month
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NewsYolk’s London estate reduced as CVA approved - updated
The food to go brand has closed three sites across London having undergone a company voluntary arrangement (CVA), which founder Nick Philpot called a ’tough but necessary reset’
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NewsBeijing-based investor considering Costa bid
Centurium Capital, which is a major shareholder in China’s largest coffee chain, Luckin Coffee, is considering a bid for the Coca-Cola owned UK coffee company
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NewsLib Dems call for hospitality VAT cut at budget
The party has called for VAT on the sector to be cut to 15%, saying too many people have been ‘priced out’ of ‘small joys’ like a restaurant meal
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NewsOver 300 businesses sign letter demanding support in budget
Major hospitality businesses including Big Table Group, Greene King, KFC, Loungers, Stonegate and Wagamama are among the signatories to UKHospitality’s open letter to the Chancellor