Coffee Shops News
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NewsStarbucks Q2 results ‘far from potential’
The coffee giant saw global comparable sales continue to decline, albeit CEO Brian Niccol reiterated the ‘Back to Starbucks’ plan is the right strategy to turn the business around
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NewsCosta pushes for further growth across formats
The coffee chain has renewed its focus on the high street, shopping centres, drive-thrus, and retail parks, while extending its partnership with real estate advisor Savills
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NewsWatchHouse drives expansion in London and New York
The modern coffee house group reported full year revenues for 2024 of £15.4m, up 62% year-on-year, which it described as an “extremely satisfying” performance
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NewsKate Nicholls: NIC hike adds ‘disproportionate impact’ to already pressured sector
The UKHospitality leader describes the reduction in the earnings threshold for employer NICs and the rise in the main rate to 15% as “the most aggressive” tax change she has seen
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NewsLunch outperforms dinner during Easter weekend
Lunchtime bookings accounted for 56% of all reservations on Easter Sunday and Monday, compared to just 28% for dinner, according to the latest Zonal data
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NewsJoe & the Juice appoints chairman
Jeffrey Lawrence brings over 25 years of experience in building digitally-enabled hospitality and consumer brands and previously spent two decades at Domino’s Pizza,
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Chopstix, YouMeSushi, Greene King’s The Sherlock Holmes and more
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NewsBlack Sheep Coffee to expand in West London
The brand has agreed with an existing franchise partner to open nine sites across Brent, Ealing, Hammersmith & Fulham, Wandsworth and Kingston upon Thames
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NewsNew wave of government costs puts hospitality recovery at risk
The UK hospitality market saw marginal outlet growth over the past year, but stability is under threat, according to the latest CGA by NIQ report
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NewsTim Hortons turnover surpasses £100m
The Canadian coffee and QSR chain achieved £105.4m turnover for its UK business in 2023, and plans to focus on driving profitability
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NewsCUPP targets global expansion with moves into Pakistan and Dubai
The bubble tea brand is expanding internationally, with new franchise partnerships set to bring the brand to Pakistan, Dubai, Saudi Arabia and the wider Gulf region
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NewsCooks Coffee sales surpass £35m
The Esquires operator, which trades from 89 sites across the UK and Ireland, grew sales by more than 26% in the year ended 31 March
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NewsBlack Sheep Coffee breaks weekly sales records
The robusta specialist fast-growing coffee shop group has reported estate net sales were £1.8m, up +9.3% on the previous week
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NewsWhich Wich kickstarts UK rollout
The fast-casual sandwich brand is set to open its second UK site on Fleet Street, marking the start of a renewed national expansion strategy
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NewsStarbucks UK posts £35m loss
The coffee company blamed a consumer boycott campaign, cost of living pressures and increased competition in the UK for a slump in sales
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NewsGong Cha announces record sales
The bubble tea brand achieved sales of $600m in the 52 weeks to 31 December 2024, with more than 240 new sites having opened last year. It recently signed a new franchise agreement to open an initial 225-plus UK stores.
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NewsBlack Sheep Coffee continuing fast paced Scottish expansion
The West of Scotland franchise stores are being opened by Suhail Rehman and Tariq Din, as part of an agreement to open a double-digit number of sites over the next five years.
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Wingstop, Pasta Evangelists, Chipotle, and more
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NewsMinimum wage and NIC hikes risk pricing young people out of work
Rising employment costs for younger workers could undermine efforts to reduce youth unemployment, according to analysis by the IFS, as reported by The Times
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News£3.4bn annual cost hikes take effect
70% of hospitality businesses say they are likely to reduce headcount and around 15% expect to close at least one site as a direct consequence of rising annual costs