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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Mar- 2022 -31 March
Cairngorm Coffee launches subscription service amid wholesale drive
Scottish coffee brand Cairngorm Coffee has appointed a new director and unveiled new packaging as as it begins a sales drive to recruit wholesale customers across Scotland and beyond, and launches a new direct to consumer subscription service. The business, founded by Robi Lambie in 2014, has since opened two…
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28 March
Starbucks UK revenue soars 35% in FY21
Starbucks has announced that UK revenues rose by 35% to £328m in the full-year ending 3 October 2021, largely driven by the recovery of sales in both company owned stores and franchised stores following the pandemic. Profit before tax hit £13.3m, up from a £41m loss reported in FY20, despite…
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16 March
UK food to go market to grow to a value of £21.3bn in 2022
The UK food to go market is forecast to grow by +31.8% in 2022, to a value of £21.3bn, according to the new Lumina Intelligence UK Food To Go Market Report 2022. The report revealed this will see the market fully recover to and exceed its 2019 pre-pandemic market value…
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11 March
Cornish Bakery expands senior leadership team
Cornish Bakery has expanded its senior leadership team to enable its journey towards growing the business to 100 bakeries. Founder Steve Grocutt has bolstered both his board and operational teams, headhunting specialists from across the UK, as well as promoting from within the company. Ralf Goad, previously of Risk Capital…
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8 March
Greggs to open 150 sites as sales surge to £1.2bn
Greggs has announced plans to open 150 new sites as its sales increased by 5.3% on 2019 levels to £1.2bn, according to its preliminary results for the 52 weeks ended 1 January 2022. It revealed pre-tax profits of £145.6m in contrast to £13.7m loss in 2020 and said it is…
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Feb- 2022 -22 February
Cornish Bakery to open seven new sites
Independent bakery chain Cornish Bakery has announced the opening of another bakery in Rye in late January, with six other sites currently in development in Plymouth Barbican, Bury St Edmunds, Stamford, Beverley, Bakewell and Caledonia Park at Gretna Green. Cornish Bakery is an eat-in or take-out bakery with Cornish roots…
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2 February
Society Café opens fifth site in Bristol
Local award-winning coffee shop chain Society Café has confirmed that they will be opening their next community coffee shop at Alliance House, Baldwin Street, Bristol. Society Café is the latest business to take up residence in the landmark mixed-use scheme, by local independent developer Acorn Property Group. This will be…
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Jan- 2022 -14 January
Caffè Nero secures growth opportunities amid £85m loan
Caffe Nero has announced new growth opportunities after a six-year loan of approximately £85m was agreed with Carlyle, HSBC and Santander. The firm also revealed a loan of £330m was agreed by the banks in order to refinance the brands debt with majority ownership of the group remaining with Gerry…
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13 January
Pret A Manger to increase staff pay with £9.2m investment
Pret A Manger has announced plans to invest over £9.2m in staff pay, its “biggest” pay and benefits increase in its 36-year history. From 1 April 2022, 8,000 UK team members will see their pay increase from a baseline of £9.40-9.56, to up to £10.15 per hour, with more than…
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Dec- 2021 -21 December
Greggs tops food to go brand report
Gregg’s has taken the lead as the “dominating brand” in the food to go sector (FTG) with a 10.7% share of occasions, according to the Lumina Intelligence UK Food To Go Market Report 2021. The report reveals Greggs has overtaken McDonald’s with a 1.3% increase in share of occasions in…
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