Elior, the contract caterer, has secured two new contracts with Waterstone’s, the bookshop retailer, to open two new cafes in a deal reportedly worth £12.5m. The contract follows the success of its 5th View Bar & Food concept at the retailer’s flagship Piccadilly store. It will now launch the 2nd View Bar & Food at the Deansgate store in Manchester on the same day that the 2nd View Coffee Shop will open at Waterstone's Sydney Street, Cambridge. The 10-year deals are respectively believed to be worth more than £7.5m and £5m in turnover over the life of the contracts.