Coffee Shops News – Page 2
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Wingstop, Loungers, Browns Brasserie & Bar, and more
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NewsBlack Sheep Coffee raises millions in fresh equity
The coffee shop chain, which operates more than 100 locations globally, has raised the funds through a combination of loan agreements
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NewsCaffè Nero holding off on coffee price hikes
Founder and group CEO Gerry Ford said that while coffee prices are “extremely high right now” it was currently holding off on passing the costs onto the consumer
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Knoops, The Ned, Bubala, and more
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NewsWagamama partners with Grind on premium coffee offering
The restaurant group will be offering Grind’s signature blends at all 165 sites and has launched a range of sweet treats to tap into new occasions
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NewsKnoops strengthens leadership team amid global expansion plans
The premium chocolate drinks brand has named Kai Hepworth as UK MD, alongside a leadership team shake-up including a new chair and COO
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NewsHospitality insolvencies rise in January but annual decline offers hope
Insolvencies saw a 21% month-on-month increase in January 2025, rising from 225 in December to 273, according to the latest statistics
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NewsExultant bolsters Pret A Manger portfolio with seven new sites
Following last year’s acquisition of the North West London territory, Exultant Group has added seven more Pret A Manger locations to its portfolio
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NewsHospitality embraces AI to boost efficiency and experience
Workers are rapidly adopting AI to improve operations, with 91% of employees reporting a positive impact on their workplace, according to new research
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NewsCornish Bakery exploring sale of the business
The bakery coffee shop chain has appointed advisors at Tamweel Capital to oversee a sale of the 66-shop business.
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NewsJoe & The Juice appoints new UK MD
Jon James joins the global juice and coffee brand from Starbucks UK, where he served as director of UK retail and central operations. He will work to strength the UK leadership team and expand its store footprint, as the business ups its investment in the UK
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NewsGong cha signs 225-plus UK store franchise deal
A deal has been signed with Jinziex – a new company led by Diljit Brar, CEO of Goldex; Azha Rehman, founder & CEO of Kaspa’s Desserts; and Steve Falle, managing director of WY&SF Ltd.
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NewsBlack Sheep reports another year of strong growth
The coffee shop chain entered three new markets in 2024 while achieving double-digit same-store sales growth for five consecutive months at the end of the year
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NewsBlack Sheep expands presence in Scotland
The coffee shop chain has opened on Edinburgh’s Lothian Road with new franchisee Usman Raiz, following franchise agreements to grow its footprint in Scotland as well as Northern Ireland
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NewsGovernment-backed hospitality employment programme launches
SWAP, which offers hospitality jobseekers fast-tracked training and work experience, has launched in Liverpool, with plans for a nationwide rollout later this year
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NewsHospitality leaders’ confidence drops amid cost pressures
64% of UK hospitality operators plan to cancel investment, while 59% anticipate cutting staff, and 57% expect to reduce employee benefits in response to rising costs and upcoming tax increases
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NewsCaffè Nero UK achieves 17% increase in EBITDA
The coffee chain added 29 new shops to its UK estate during FY24, and saw strong sales growth within its delivery, which contributed to a 10% increase in overall sales, to £333m.
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NewsButcombe CEO urges ‘common-sense’ approach to tax hikes
Jonathan Lawson has urged the government to reconsider the pace of tax and wage increases, warning of significant pressure on the sector
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NewsCosta Coffee raises barista pay ahead of NLW increase
The Coca-Cola owned coffee shop operator is set to increase wages for more than 15,000 baristas across its 1,500 UK company-owned stores, with starting pay rising 5% from 1 April 2025
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NewsGong cha appoints CFO to drive expansion
The bubble tea brand has appointed former KFC UK & Ireland CFO Matthew McCormick as its new global chief financial officer, as it continues its international expansion