Coffee Shops News – Page 20
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NewsPret rolls out coffee cup recycling scheme to majority of shops
Pret has expanded its coffee cup recycling scheme to more than 350 UK shops – almost 90% of its estate – following successful trials in London, Leeds and Glasgow.
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NewsCreams appoints new execs in readiness for growth
Dessert café Creams has made several new appointments to its executive leadership team as it readies itself for the next stage of growth.
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NewsInvestors willing to pay premium for best in class operators
Despite the greater prevalence of distress transactions, investors are willing to pay top valuations for businesses that are best in class, according to Graeme Smith, MD at AlixPartners.
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NewsCosta Coffee launches commuter-concept store
Costa Coffee has opened a ‘commuter-focused’ concept store in Lewisham. Located in what used to be the station managers office, the scaled down outlet is one eight mini-Costa’s that the coffee operator plans to open within the next six months.
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NewsMuffin Break adds to estate
Muffin Break has added two new sites to its estate, opening in Lion Walk, Colchester and Priory Meadow Centre in Hastings yesterday (29 August).
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NewsTA Associates invests in global bubble tea brand
Global private equity firm TA Associates has announced it is to invest in Taiwanese bubble tea operator Gong Cha Group, as it looks to expand internationally.
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NewsHeavenly Desserts signs franchisee agreements for London expansion
High-end dessert café Heavenly Desserts has signed development agreements with two franchisees that should see the operator open nine cafes across London over the next three years, MCA can reveal.
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NewsCoffeesmiths looks to offload four sites
Speciality operator Coffeesmiths Collective is looking to dispose of four sites alongside its aggressive acquisition strategy, MCA understands.
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NewsCaffe Nero revamps food with deli range
Caffe Nero has introduced a new deli range in a major overhaul of its food offering.
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NewsTea sales shoot up in coffee shops
Coffee shop sales of tea were up 11.1% last year to hit £320m, according to Allegra. The total equates to 3.6m cups of tea, which makes up 4.4% of sales in the UK’s coffee shops. But 61% of industry leaders surveyed said the prospects for tea sales in coffee shops were positive, a drop of 6%. However, Allegra also said that 37% of tea drinkers consider drinking tea outside the home as “poor value for money” and warned operators that “more work is needed to boost consumer estimation of tea served in cafes”.
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NewsHarrods to open first standalone café
Harrods is to open its first standalone café, in Henley, this October. It will be located in the former Spirited Wines premises at 22 Market Place.
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NewsHonesty Group looking to add new coffee shops to estate
The Honesty Group is looking to boost its number of coffee shops to 10, as it expands in the Berkshire area.
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NewsPrimark 'Primarket' speciality coffee shop to debut in Glasgow
Budget fashion retailer Primark is launching a specialty coffee shop concept with foodservice company Gather & Gather, MCA understands.
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NewsBlack Sheep Coffee lines up third Manchester site
Black Sheep Coffee is to open its third site in Manchester after acquiring the former Patisserie Valerie unit at 2-4 St Ann Street, MCA understands.
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NewsCosta extends mobile ordering service
Following a successful trial, Costa Coffee has extended its mobile ordering service to more than 500 stores.
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NewsTaylor St Baristas pulls crowdfunding campaign
Taylor St Baristas pulled its crowdfunding campaign after taking the view that it “wasn’t the right investment vehicle for us at this time”, CEO Nick Tolley has told MCA.
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NewsBlack Sheep Coffee buys Taylor St Baristas
Black Sheep Coffee has acquired the eight-strong coffee shop estate of Taylor St Baristas, CEO Gabriel Shohet has told MCA.
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NewsCosta reveals its Barista of the Year
Brian Chibwe has scooped Costa Coffee’s Barista of the Year 2019 in its annual Champion of Champions competition.
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NewsSpeciality coffee roasting ‘rapidly developing’
Speciality coffee roasting is a rapidly developing market, driven by strong wholesale demand from independent cafés and a growing consumer appetite for café roastery experiences, research from Allegra reveals.
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NewsStarbucks franchisee to open 23 this year
Starbucks franchise business 23.5 Degrees has opened a new store in Andover Walworth Business Park, with another following in Carbrook Hall in Sheffield later this month.