Krispy Kreme

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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Today’s news in brief – 03/03/25

Drinks sales across managed venues rose 4% in the week to Saturday 22 February, marking only the second week of growth in 2025 so far. Trading beat the levels of last year on six of the seven days, and was ahead by between 8% and 11% every day between 17…

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Wagamama appoints new chief marketing and commercial officer

Wagamama has announced the appointment of Emma Culquhoun as its new chief marketing and commercial officer in April to support the brand’s next level of growth in the UK and beyond.  Culquhoun will be responsible for overseeing Wagamama’s proposition, marketing, commercial and growth strategy, including the brand’s recently launched loyalty…

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Pret A Manger debuts at Gloucester Quays

Pret A Manger has opened a new location at Gloucester Quays bringing the healthy food chain to the city for the first time.  The new 1,841 sq ft eatery features seating for 85 people, Pret’s “signature” interior design with wooden accents and red tones, and will be managed by franchise…

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Today’s news in brief – 08/11/24

Krispy Kreme has seen Q3 losses widen to $16m (£12.9m), up from a loss of $2.1m (£1.7m) in the previous year, as the UK market underperformed over the period. It comes as net revenues fell by 6.8% to $379.9m (£305.9m), down from $407.4m (£328.2m). Despite this, organic sales rose by…

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Krispy Kreme falls to $16m loss in Q3 as UK market underperforms

Krispy Kreme has seen losses widen to $16m (£12.9m) in its third quarter, up from a loss of $2.1m ( £1.7m) the prior year, as the UK market underperformed over the period. In the quarter ended 29 September 2024, net revenues fell by 6.8% to $379.9m (£305.9m), down from $407.4m…

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Today’s news in brief – 13/09/24

UKH has welcomed Martyn’s Law, which was laid in parliament yesterday (12 September), providing updates to many key elements of the legislation. Martyn’s Law will introduce a new requirement on venues in the UK to ensure they are prepared in the event of a future terror attack. The bill has…

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Trio of food operators to open at Gloucester Quays

Pret a Manger, Krispy Kreme and Subway are all going to make their city debut at Gloucester Quays.  Opening on High Orchard Street in a 1,841 sq ft unit with room to seat 85 customers, the new Pret a Manger shop will serve a menu of freshly-made food and organic…

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Today’s news in brief – 10/05/24

Krispy Kreme’s revenues increased 5.7% to $442.7m (£353.2m) in Q1. Organic revenue for the group grew 6.7%, fueled by a 19.4% increase in points of access and the success of global brand activations including Valentine’s Day and St. Patrick’s Day doughnuts. Transactions at pubs, bars and clubs reached a 2024-high…

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Krispy Kreme revenues hit $442.7m in Q1

Krispy Kreme’s revenues increased 5.7% to $442.7m (£353.2m) during the first quarter ended 31 March 2024.  Organic revenue for the group grew 6.7% to $440.9m (£351.8m), fueled by a 19.4% increase in points of access and the success of global brand activations including Valentine’s Day and St. Patrick’s Day doughnuts…

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