Any policies which affect the operating costs of business should be considered very, very carefully because of the very real risk they find their way back into the food system and on to prices, Hurley told the BBC. UK grocery inflation jumps to highest level in 15 months The German discounter said its decline in profits from 552.9m to 435.5m was in part due to the budget chain's spending in price promotions and raising pay for staff, as well as an intensive store opening programme.
Einstein Bros. - which is part of the Panera Brands group alongside Panera Bread and Caribou Coffee - said the new stores are intended to cater equally to in-store dining, to-go orders and app-based pickups. The company said it will offer "premium finishes, warm neighborhood character and thoughtful layouts that make every visit easy and enjoyable." It added that the design aims to "delight guests in every moment of their visit," in part by enhancing digital and physical experiences.
Black Rock Coffee Bar has confidentially filed for an initial public offering in New York, targeting a valuation exceeding $1 billion. This will mark the first IPO from a U.S. coffee company since 2022.
"Our asset management strategy is centred around transformation through accumulation. This essentially means implementing a series of incremental changes, that together make a significant difference."
The opening of Hobbs London at London Bridge responds to the increasing demand for retail options in high-traffic areas, emphasizing convenience for commuters and visitors.
This level of investment is a clear sign of our ambition. As we enter our fourth decade in Great Britain and hurtle towards a thousand stores, there are still so many parts of the country crying out for convenient access to a Lidl store.