Coffee Shops News – Page 8
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Pret reports H1 revenue up 230% on 2021
The food to go brand said regional sales had outstripped growth in the capital on a like-for-like and total revenue basis, with the group returning to profit in March
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Pret to launch in India
The sandwich and coffee chain has signed a franchise partnership in India, following launch announcements in the UAE, Spain, Portugal, and Canada
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Rail strikes hit Pret sales hard
The food to go retailer saw sales down 26% in its City sites in the week to 23 June as footfall in London’s financial and shopping districts fell sharply, according to Bloomberg’s latest Pret Index
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Black Sheep Coffee to make Liverpool debut
The speciality coffee chain will open in Liverpool One’s Paradise Place, with further openings planned for Glasgow, Leeds, Manchester and London
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Patisserie Valerie ex-chairman in line for payout
Luke Johnson set to benefit as Grant Thornton settles £200m court case over coffee chain’s collapse, reports The Telegraph
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Openings of the week
D&D London, JD Wetherspoon and Tim Hortons feature in MCA’s roundup of the latest openings news this week
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Costa franchisee acquires 17 sites
Altrincham-based Sim Trava, which now has 57 Costa sites, made the additions to its portfolio with the support of a £7m funding package from HSBC
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Black Sheep Coffee to open 68 sites within 10 months
The specialty coffee concept will also expand to drive-thru formats, co-founder Gabriel Shohet told MCA
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Pret sees boost from office workers
Sales in the City and Canary Wharf were at 88% of pre-Covid levels in the week to 16 June – up 14ppts from the previous week, according to the latest Bloomberg Pret Index
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Starbucks franchisee to escalate expansion
The Magic Bean Co is looking to grow its 24-site business of drive-thrus to 200 sites across the UK over the next five years.
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Openings of the week
Black Sheep Coffee, The Hush Collection and Brewers Fayre, feature in MCA’s roundup of the latest openings news this week
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Pret to launch in UAE
A new agreement with franchise partner Emirates Leisure Retail is part of Pret’s aim to double the size of its business within five years
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Pret announces launch in Canada
The sandwich and coffee chain will embark on a two-year trial phase with A&W Food Services to introduce the Pret brand in Canada
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Openings of the week
MCA rounds up the biggest opening news this week, featuring Wagamama, M Restaurants, Inception Group and San Carlo Group
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Knoops announces 100 site target for UK
The chocolate-focused cafe business is looking to open 10-15 sites this year, as part of wider expansion plans, with its first central London site to open next week
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Starbucks announces exit from Russia
The coffee operator joins leading global brands like McDonald’s and Pizza Hut by announcing a definitive withdrawal from Russia
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Caffè Nero to roll out Just Eat delivery
Delivery will available at more than 400 stores, with the move part of an expansion of the brand’s ‘new channels’ strategy
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Pret recalls chicken amid salmonella fears
Pret said the removal of the products was a “precautionary measure” due to concerns of a possible “food safety risk” with its supplier
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200 Degrees Coffee eyes North West for expansion
The coffee concept will open its third Nottingham site next month and plans to expand further across the North West, commercial director Will Kenney told MCA
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Pret Express goes live in three locations
The self-serve coffee stations, a partnership with JDE Peet’s, has gone live in two sites in Glasgow and one in Barking