Petrol giant EG Group acquires UK coffee and bakery chain
Petrol giant EuroGarages (EG) Group has acquired CS Food Group Holdings Limited, owner of the Cooplands coffee and bakery business. ...
Tag: coffee chain
Starbucks revenue down 11% year-on-year due to COVID-19
Starbucks has reported consolidated net revenues of US$23.5 billion for its 2020 fiscal year, ended 27 September 2020. This is ...
Bluestone Lane recruits industry veterans to its Board of Directors
Australian-inspired American café brand Bluestone Lane has announced three additions to its board of directors to help fuel store expansion, ...
Dunkin’ Brands enters talks for US$9B acquisition
Dunkin' Brands Group, the parent company of Dunkin' and Baskin-Robbins, has entered preliminary discussions to be acquired by Inspire Brands. ...
Tim Hortons announces new approach following a disappointing 2019
Restaurant Brands International (RBI), the parent company of Tim Hortons, has announced plan to reignite growth in the Canadian coffee ...
Dunkin’ recaps strong growth in 2019, plans for 2020
American coffee chain Dunkin’ experienced comparable store sales growth of 2.1 per cent in 2019 in the United States, up ...
Luckin Coffee Q3 results exceed expectations, up 500% on 2018
Luckin Coffee has announced total net revenue of ¥1493.2 million (US$208.9 million) for the third quarter of 2019, an increase ...
Second Cup announces new structure, plans for acquisitions
Canadian coffee chain Second Cup has announced the implementation of a new operating structure in support of its new business ...
Starbucks revenue grows 7 per cent in 2019 fiscal year
Starbucks has reported consolidated net revenues of US$26.5 billion for the 52-week fiscal year ended 29 September 2019. The marks ...
US coffee shop growth slows despite being driven by major chains
The United States coffee shop market, valued at US$47.5 billion, grew 3.3 per cent to reach 37,274 outlets over the ...
