Coffee#1
Covers developments from a UK coffee shop chain known for its artisan drinks, freshly baked goods, and relaxed neighbourhood café atmosphere. Updates include new store openings, menu launches, seasonal specials, refurbishments, and investment activity, alongside insights into brand expansion strategy, sustainability initiatives, and trends shaping the UK coffee shop and casual dining markets.
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Nov- 2024 -7 NovemberCafes and Coffee Shops
Caffè Nero acquires London based FCB Coffee
The Nero Group, owner of Caffe Nero, Coffee#1, 200 Degrees, Harris + Hoole and Aroma, has announced it has completed the purchase of London-based coffee business FCB Coffee. FCB was founded in 1998 when it opened its first kiosk in London. The business has developed over the years and now…
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Oct- 2024 -29 OctoberCafes and Coffee Shops
Caffè Nero acquires Nottingham-based 200 Degrees Coffee
Caffè Nero has announced the acquisition of Nottingham-based coffee chain 200 Degrees for an undisclosed amount, as it aligns with its ongoing strategy to develop “premium, high quality, specialty” coffee brands across the world. Founded in 2012 by Rob Darby and Tom Vincent, 200 Degrees has grown into a successful…
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Mar- 2024 -4 MarchNews
Today’s news in brief – 04/03/24
Foodservice price inflation decreased to 12.6% in January, according to new figures by the CGA Prestige Foodservice Price Index. It stated that the figures male up the seventh successive month-on-month fall in inflation as markets adjust to falling commodity pricing. Papa Johns will be closing 50 takeaways across the UK…
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4 MarchCafes and Coffee Shops
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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Nov- 2023 -2 NovemberNews
Today’s news in brief – 02/11/23
Coffee#1 reported strong trading for Q1 ended 31 August, with a 21.9% year-on-year growth in sales. The company, which operates in Wales, the Southwest, the South Coast and parts of the Midlands, opened three new stores in Godalming, Yate, and Cwmbran, all of which performed well. The brand’s iced coffee…
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2 NovemberNews
Coffee#1 sales grow 21.9% in Q1
Neighbourhood coffee shop brand Coffee#1 has announced strong trading for the first three months of its financial year ending on 31 August, with sales growth of 21.9% year on year. Founded in 2001 and now operating across Wales the Southwest, the South Coast and parts of the Midlands, Coffee#1 also…
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Jan- 2019 -31 JanuaryBusiness
Caffe Nero acquires majority stake in Coffee#1
The Caffè Nero Group has announced it has become the majority owner of Coffee#1, after acquiring shares from its owner SA Brain for an undisclosed sum. SA Brain has owner the Wales, Midlands and south England based Coffee chain since 2011 and the first Coffee#1 site opened in 2001. The…
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