Starbucks
Coverage focuses on the UK operations, brand strategy, and innovation roadmap of the world’s largest coffeehouse chain. Reporting includes expansion through drive-thru and delivery-only formats, mobile ordering and loyalty via the Starbucks Rewards app, sustainability initiatives such as reusable cup schemes, and menu localisation for UK consumer preferences. Insight is geared toward operators tracking premium beverage trends, high street trading, and digitally enabled customer engagement in the branded coffee sector.
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Sep- 2023 -15 SeptemberNews
Former Starbucks CEO steps down from board
Starbucks has announced that Howard Schultz, the company’s modern-day founder and chairman emeritus, has stepped down from the board of directors as part of a planned transition. Schultz, who previously stepped down as CEO in March of this year, said: “As I reflect on my 41 years with the company,…
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Jul- 2023 -11 JulyNews
23.5 Degrees opens 100th Starbucks location
Starbucks first UK franchised business partner, 23.5 Degrees, has recently opened its 100th store in Tamworth. The opening is part of an ambitious expansion programme for 23.5 Degrees, which has a strong pipeline of approved stores and plans to reach 300 stores by 2027. 23.5 Degrees is actively seeking both…
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Jun- 2023 -15 JuneNews
Costa Coffee and Wendy’s to open at Ram Jam Services
Costa Coffee and Wendy’s have recently signed up two new leases for retail space at Godwin’s newest roadside development Ram Jam Services. Costa Coffee has taken a 1,788 sq ft unit whilst Wendy’s, via its franchisee Blank Table Ltd, has signed up to 3,305 sq ft. These deals follow Godwin’s…
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Mar- 2023 -21 MarchNews
Starbucks appoints Laxman Narasimhan as new CEO
Starbucks has announced that its new CEO, Laxman Narasimhan, has officially assumed the role, succeeding founder and now former CEO, Howard Schultz. Narasimhan was announced as the incoming CEO of the company on 1 September 2022. Initially Narasimhan was supposed to take the lead on 1 April but Starbucks announced…
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Feb- 2023 -6 FebruaryNews
Tahir Group becomes largest London KFC operator
Tahir Group has become the largest KFC operator in London after acquiring eight KFC restaurants, previously operated by the Barack Group of Companies, in a deal managed by PKF Smith Cooper corporate finance. The Tahir Group is a multi-brand franchised restaurant and property group based in London. The group has…
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Oct- 2022 -28 OctoberBusiness
Starbucks to open 30 new cafés in Sainsbury’s this year
Starbucks has announced the expansion of its partnership with Sainsbury’s across the UK, with plans to open 30 new Starbucks cafés within Sainsbury’s stores by the end of 2022. The announcement comes as Sainsbury’s and Starbucks are celebrating the launch of its 50th Starbucks café in partnership together, located in…
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Sep- 2022 -2 SeptemberPeople
Starbucks names Laxman Narasimhan as new CEO
Starbucks has announced that Laxman Narasimhan will become the company’s next chief executive officer (CEO) and a member of the Starbucks board of directors, joining as incoming CEO on October 1 2022. Narasimhan will relocate from London to the Seattle area and will work closely with Howard Schultz, interim CEO,…
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Aug- 2022 -25 AugustCatering Companies
SSP secures deal to open three units at Berlin Airport
SSP Group has secured a deal which will see its “world-leading” brands, Starbucks and Burger King, operate at the Berlin Brandenburg Willy Brandt Airport Terminal 1. It is reported that Starbucks and Burger King will both feature as part of the airport’s mezzanine airside food-court, with The Burger King unit…
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May- 2022 -26 MayBusiness
Starbucks to exit Russia
Starbucks has announced it will exit Russia and no longer have a brand presence in the Russian market, following the ongoing conflict in Ukraine. The company said it will continue to support the nearly 2,000 green apron partners it has in Russia. This includes paying staff for the next six…
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24 MayBusiness
SSP revenues surge 212.9% as travel rebounds
The SSP Group has reported its revenues surged 212.9% year-on-year to £803.2m for the six month period ended 31 March 2022 (H2), recovering “strongly” with 64% growth compared to pre-Covid levels as the travel sector rebounds. SSP operates brands such as Upper Crust and Ritazza, as well as franchises for…
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