Cafes and Coffee Shops
The latest news and updates on cafes and coffee shops, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
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Apr- 2024 -17 April
Cooks Coffee UK&I store sales rise 17.6% in FY24
New Zealand-headquartered coffee chain, Cooks Coffee, has reported that group store sales rose by 17.6% to NZ $58.2m (£27.5m) for the year ended 31 March. It comes as Cooks’ UK store sales rose 21.1% to NZ $38.3m (£18.5m) during the period, with Irish store sales rising 11.3% to NZ $19.9m…
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15 April
Small World Café in Hexham up for sale
The Small World Café in Hexham, Northumberland has been brought to the market with a leasehold value of £75,000. This single ground floor level property comprises a large double fronted shop front, open plan dining area and commercial grade kitchen. The majority of the fixtures and fittings are owned outright…
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11 April
Spice and Grind selected for Eden building coffee shop
Spice and Grind has been selected to run the ground floor coffee shop in the £36m 12-storey Eden building in Salford. Planting features throughout the ground floor of Eden and the café’s furniture was carefully chosen on the basis of sustainable credentials. FSC timber is also used throughout with the…
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5 April
Two Magpies’ bakery and cafe opens in Framlingham
Two Magpies is today (5 April) officially opening its latest bakery and cafe in Framlingham. The new bakery, the tenth in the Two Magpies Group, is housed in the old Barclays Bank on Market Square. The new addition to the town will support local commerce and create new jobs in…
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4 April
Starbucks to open 100 new sites in FY24 amid sales growth
Starbucks UK plans to open an additional 100 new sites in FY24, as total revenues rose 21.9% to £547.7m for the year to 1 October 2023. The group reported that “strong and resilient” revenue growth continued during 2023, even with challenging economic headwinds in the UK. As a result, the…
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Mar- 2024 -28 March
Cooks Coffee appoints new CEO
Cooks Coffee Company, the international coffee focused café chain which includes the brand Esquires Coffee, has announced that Aiden Keegan has been appointed as the new chief executive officer, effective from 1 April 2024. Keegan commenced his role as operations manager at Esquires in Ireland (ECHI) in January 2004. Before…
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25 March
Gail’s owner in talks over potential sale
Gail’s owner, Bread Holdings, is reportedly readying to appoint advisers for a sale of the bakery and coffee chain for more than £200m, according to Sky News. It is understood that Bain Capital Credit and EBITDA Investments, a fund backed by restaurant investor Henry McGovern, are planning to appoint bankers…
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6 March
The Gentlemen Baristas bought out of administration
Coffee shop chain The Gentlemen Baristas has been bought out of administration and sold for £785,000. The chain previously called in an administrator from Parker Getty Limited back in January, after being “adversely affected” by higher costs of materials as well as the costs of sales and staff. According to…
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5 March
Cornish Bakery’s Southwold site closes for refurb
Cornish Bakery has temporarily closed its Southwold location on Sunday 3 March to complete refurbishment works. The bakery is expected to reopen on Friday 15 March and reveal a new interior and exterior. Located on the corner of High Street and Victoria Street for the past six years, the site…
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4 March
Coffee#1 H1 sales rise 18.8% to £29.6m
Coffee shop brand Coffee#1 has revealed that sales rose 18.8% to £29.6m during the first half of the financial year from June 2023 to November 2023. The group’s like-for-likes sales performance for the same period also remained robust at 8%, underpinned by sustained customer growth of 1.2%. During H1, the…
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