Coffee Shops News – Page 119
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NewsAberdeen confirmed for next Valerie’s Brasserie
Patisserie Valerie, the Risk Capital Partners-backed café chain, has confirmed that it will open the second site under its new restaurant format, Valerie’s Brasserie, at Union Square in Aberdeen
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Marketing director steps down at West Cornwall
Shelagh Smale has stepped down as brand and marketing director at West Cornwall Pasty Company, just over a year after joining the Gresham-backed retailer
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Two more Fat Cat sites sold
A further two sites formerly operated by Fat Cat Café Bars, which was placed in administration in April, have been sold, M&C Report has learnt
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POD ready for next stage of growth
POD is ready to return to the expansion trail after 12 months of consolidation and strengthening its head office, which includes the appointment of Anton Read as operations director, M&C Report has learnt
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Krispy Kreme UK reports FY loss
Krispy Kreme UK, the Alcuin Capital Partners-backed doughnut retailer, reported a pre-tax loss of £2.8m for the year to 31 January 2013 against a £1.3m profit in 2011
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Pinkberry to exit the UK
Pinkberry is set to exit the UK after reportedly placing its two standalone sites based here on the market
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NewsCosta to build presence in Spain
SandpiperCI, the Channel Islands’ largest retailer, plans to open more than 70 Costa Coffee outlets in central and southern Spain
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Flat White eyes expansion
Flat White, the fledging London-based coffee shop operator, is eyeing the expansion of its eponymous brand after placing its Milkbar site in Soho on the market
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NewsCollyer downgrades Whitbread but sets out growth path
A leading analyst has downgraded his recommendation on Whitbread from Buy to Hold, but laid out a path of how the company’s shares could rise by 85% more than their current value through its growth plan
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NewsRival chains run rule over Belgique
A number of rival chain are currently running the rule over Belgique, the continental-style bakery and delicatessen café chain, that was been placed on the market earlier this month, M&C Report has learnt
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NewsWhitbread H1 lfls up 2.8%
Whitbread has reported a 2.8% rise in like-for-like sales for the six months to 29 August, helped by like-for-like sales across its Costa Coffee business during the period increasing by 5.5%
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NewsStarbucks names Pizza Hut’s Mark Fox as new UK MD
Starbucks has named Mark Fox, former chief executive of Pizza Hut UK’s delivery business, as the new managing director of its UK operations. He takes up his new role on 6 January
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FY lfls up 5.3% AMT Coffee
AMT Coffee, the transport hub coffee provider owned by the McCallum-Toppin family, reported a 5.3% rise in like-for-like sales in the year to 24 December
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Creperaffaire makes international debut
Crepeaffaire, the all-day snack concept, will open its first overseas site this weekend in Hamburg, Germany, as part of plans to roll out the concept under franchise across parts of Europe
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French: Costa reaching saturation in UK
A leading analyst has said that he believes Costa is approaching saturation in the UK whilst the international business is being deprived of the investment needed to capitalise on the growth opportunity
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NewsCosta to open £1m Heathrow concept site
Costa is to invest close to £1m opening a new store within Heathrow’s Terminal 2: The Queens Terminal next June
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Notes starts fundraising for further expansion
Notes, the fledgling coffee and wine shop chain, has started a round of fundraising as it looks to increase its presence in London
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NewsPret to dial up coffee offer
Pret A Manger, the Bridgepoint-owned chain, is to increase its investment in its coffee offer over the coming weeks, as its looks to give coffee a similar treatment to its food
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Brew eyes further expansion
Brew Café is in talks to secure two further sites in London by the end of next March, as it looks to gradually increase its presence in the capital
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Pistachios in the Park eyes expansion
Pistachios in the Park, the operator of cafes in parks, is looking to grow from nine to as many as 50 sites, founder Aysin Djamil has told M&C Report