Coffee Shops News – Page 17
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NewsLocal focus key trend in coffee market recovery
Neighbourhood cafes and drive-thru coffee shops are just some of the trends expected to see growth in the coming years, as the market rebalances, according to Jeffrey Young, founder and managing director of Allegra Strategies.
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NewsRick Stein moves into coffee market
Rick Stein’s restaurant group is to branch out into the coffee shop market with an opening lined up for Padstow next month.
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NewsCosta pushes on with drive-thru expansion
Costa Coffee opened 63 new stores across the UK last year despite the uncertainty caused by the coronavirus crisis.
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NewsBranded coffee shop market sees £2bn value drop
Almost £2bn has been wiped off the value of the UK branded coffee shop market in the past 12 months, according to the latest report by Allegra’s World Coffee Portal.
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NewsCaffè Nero expands at-home range at Sainsbury’s and Amazon
Caffè Nero has expanded its at-home range into Sainsbury’s and Amazon following a surge in its ecommerce sales.
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NewsCreams debuts in Wales
Creams Café is opening its debut in Wales on a former KFC site in Cardiff city centre.
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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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NewsGSG Hospitality to launch new concept in Liverpool’s The Plaza
Liverpool-based restaurant and bar group GSG Hospitality is set to open a new concept as part of a transformation of the city’s Plaza building. In partnership with Bruntwood Works, which is embarking on a £3m redesign of the building, GSG will create a social space, including a coffee shop, restaurant, cocktail bar and pop-up retail area. The concept, which will be revealed next year, will sit alongside a customer lounge and coworking suites on The Plaza’s ground floor.
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NewsCafé de Nata opening in Camden
Café de Nata has strengthened its presence in London, as it seeks to become the go-to brand in the UK for Portuguese custard tarts.
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NewsCaffè 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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NewsCaffe 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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NewsPret coffee sub ‘saved many jobs’
Pret A Manger’s coffee subscription has surpassed expectations four-fold so far, and allowed the brand to tap into a new younger consumer base. Pret UK food and coffee director Briony Raven told MCA the good value of the offer, which entitles subscribers to up to five drinks a day for ...
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NewsCaffè 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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NewsBlack Sheep presses ahead with expansion
Black Sheep Coffee is pressing ahead with its ambitious expansion plans with a new opening in Battersea Power Station.
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NewsReal Eating Co debuts in London
The Real Eating Company has secured its debut site in London, on the former Eat site on 82 Kings Road, Chelsea.
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NewsCosta franchise eyes expansion
A Costa Coffee franchise based in the North of England has announced plans to expand after securing a substantial financing facility from HSBC.
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NewsBoston Tea Party has ‘considerable cash cushion’
Boston Tea Party is trading materially ahead of its forecasts, its latest financial report reveals.
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NewsPret announces next wave of job cuts
Pret has announced it is to close a further six stores and place up to 400 jobs at risk of redundancy in response to the expected challenges of the coming months.
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NewsChaiiwala signs deal with Domino’s franchisees
Indian street food café franchise Chaiiwala has signed an area agreement to roll out 10 new sites in Birmingham.
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NewsPure to enter CVA
Healthy to-go brand Pure is set to enter a company voluntary arrangement (CVA), the Times reports.