Cornish Bakery

Cornish Bakery to open three new sites and expand York flagship

Cornish Bakery has announced it will open three new branches in Hereford, Woodbridge and Portsmouth this summer as part of its wider UK expansion plans. The company also plans to more than double the size of its existing bakery on Coney Street, York, increasing seating from 16 to 66 by…

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Cornish Bakery appoints new food innovation head amid record sales

Cornish Bakery has appointed chef and product developer Arnaud Kaziewicz as its head of proposition and product innovation, following a record trading period over the Easter and May Bank Holiday weekends. The appointment comes as the bakery chain reported a 9% increase in like-for-like sales since the start of 2025. …

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Cornish Bakery plots major UK expansion to over 400 sites

Cornish Bakery has unveiled plans to expand from 66 to more than 400 sites across the UK, with a focus on high street locations. The bakery chain, which began in a Cornish fishing village, has previously targeted tourist hotspots, retail outlets, motorway services and event venues such as the NEC…

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Today’s news in brief – 19/03/25

Cornish Bakery has appointed Tamweel to oversee a sale of the business. It comes as the chain has seen sustained year-on-year growth, with revenues and site EBITDA for the 12-month period to May 2025 expected to reach £37m and £8.3m respectively. Under the leadership of MD Mat Finch, Cornish Bakery…

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Cornish Bakery appoints Tamweel as it explores sale

Cornish Bakery, a fast-growing bakery chain with 66 locations across the country, has appointed Tamweel to oversee a sale of the business.   It comes as the chain has seen sustained year-on-year growth, with revenues and site EBITDA for the 12-month period to May 2025 expected to reach £37m and £8.3m…

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Today’s news in brief – 26/02/25

Starbucks is set to cut 1,100 jobs as part of its global turnaround plan. Chief executive Brian Niccol stated that the decision aims to streamline the company’s structure by eliminating redundancies and forming smaller, more agile teams. While individual partners whose jobs are being eliminated have been informed, the group…

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Cornish Bakery to open six more locations in 2025

Cornish Bakery has announced its plans to open a further six locations throughout 2025, following the successful launch of a site in Cirencester earlier this year – taking the estate to a total of 66 bakeries.  According to the group, the Cotswold market town and its local community have “warmly”…

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Today’s news in brief – 10/02/25

Red Engine has unveiled its 2025 global expansion plans as its Q4 sales rose 24% to £25.3m. The hospitality group behind Flight Club and Electric Shuffle saw its sales combined with its franchise partners reach £38.4m, spelling a rise of 23% year-on-year – with like-for-like sales increasing by 4%.  Britain’s…

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Cornish Bakery eyes expansion as FY24 turnover rises 24% to £29m

Cornish Bakery is looking to “substantially” grow the business, as net turnover rose by 24.05% to £29.4m in the year ended 30 May 2024. At the year end, Cornish Bakery had 61 bakery locations across the UK – five more than a year prior – including six locations under a…

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Today’s news in brief – 20/12/24

Drake and Morgan reported that turnover rose 5% to £45.5m for the year to 31 March. Alongside this, the company’s adjusted EBITDA rose to £4.4m, up from £4.1m the previous year. It comes as the company has stated that Christmas bookings are set to eclipse last year’s record across its…

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