Second coronavirus lockdown forces coffee chain Caffe Nero into Voluntary Arrangement

Caffe Nero on the brink of insolvency: Coffee chain blames second lockdown as it becomes latest High Street victim of pandemic The coffee chain was forced to put itself into a Company Voluntary Arrangement Founder Gerry Ford, 62, said second lockdown had pushed the company to act He now hopes to renegotiate rent agreements with … Read more

Caffe Nero owner to open dozens of new outlets despite growing losses

Caffe Nero owner to open dozens of new outlets despite growing losses By Daily Mail City & Finance Reporter Published: 23:59 BST, 15 December 2019 | Updated: 23:59 BST, 15 December 2019 The owner of Caffe Nero is poised to open 80 new outlets next year. The business, which also owns Harris + Hoole, Coffee … Read more