Wake up and smell the coffee
Article Abstract:
Coffee Republic has 53 shops and is expanding from its stronghold in south east England. The company estimates that it can run 150 shops with no major rise in overheads. Coffee Republic has reported losses, and these are likely to continue to Mar 2002 due to costs involved in opening new shops. The company's turnover is forecast to increase by 100% to 25 million pounds sterling in 2000-2001 from 12.5 million pounds for 1999-2000, rising to 38 million pounds for 2001-2002. The company is likely to become an acquisition target.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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Coffee under cover consolidates
Article Abstract:
City Gourmets is a coffee bar operator which was set up after a reverse takeover of Lanica Trust. The company sets up outlets in sites such as shopping centers and airports where weather is not a problem. City is growing strongly in Bath, England, and Cardiff, Wales. The company has controlled costs and is likely to continue to expand. Losses look set to drop to 850,000 for 2000, according to Wise Speke, and an operating profit may be possible for 2001.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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Summer blues
Article Abstract:
The British summer has been rainy in 2000, and this has affected different sectors in different ways. Pub operators, restaurants and retailers have been affected, but there has been strong demand for holidays abroad.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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