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{{Short description|British coffee bar and deli chain}} | |||
{{Infobox Company | |||
{{Use dmy dates|date=December 2021}} | |||
| name = Coffee Republic | |||
{{Infobox company | |||
| logo = ] | |||
| name = Coffee Republic Trading Ltd. | |||
| logo = Coffee Republic logo.png | |||
| image = Coffee Republic shop.JPG | |||
| image_caption = Old style bar on George Street, London. | |||
| founder = ] and ] | |||
| type = ] | |||
| location_city = | |||
| genre = | |||
| location_country = | |||
| foundation = 1995 in London | |||
| founder = ] and ] | |||
| locations = | |||
| location = London, England | |||
| key_people = | |||
| key_people = ], ], ] and ] <br />Steven Bartlett, | |||
| area_served = United Kingdom, ], Middle East, Central and Eastern Europe | |||
| industry = ]s <br />Retail ] and ] <br />] <br />] | |||
Vice-Chairman <br />Nicholas Jeffrey, Non Executive Director, James Muirhead, Financial Director | |||
| products = ] <br />] <br />Made-to-order beverages <br>Bottled beverages <br>] <br />] <br />] <br />] | |||
| area_served = ], ], ] | |||
| num_locations = 129 | |||
| industry = ]s <br />Retail ] and ] <br />] <br />] | |||
| services = Coffee | |||
| products = ] <br />] <br />Made-to-order beverages <br/>Bottled beverages <br | |||
| homepage = {{URL|coffeerepublic.com}} | |||
| footnotes = | |||
/>] <br />] <br />] <br />] | |||
| global store count = over 200 | |||
| num_employees = 192 (2008)<ref name=google>{{cite web |url=http://finance.google.co.uk/finance?q=LON:CFE|title=Company Profile | |||
for Coffee Republic Plc (CFE)|accessdate=2008-03-03}}</ref> | |||
| services = Coffee | |||
| slogan = In coffee we trust | |||
| homepage = | |||
| footnotes = | |||
| intl = | |||
}} | }} | ||
'''Coffee Republic''' is a British ] bar and ] ] chain founded in 1995 |
'''Coffee Republic''' is a British ] bar and ] ] chain founded in 1995. | ||
== History == | == History == | ||
Coffee Republic was founded in 1995 by brother and sister team ] and ], opening its first site in ] South Molton Street.<ref name=Personally>{{cite web|url=https://www.personallyspeakingbureau.com/speaker/sahar-hashemi/|title=Sahar Hashemi – Book Sahar Hashemi To Speak at My Event – Speaker|accessdate=20 April 2018|archive-url=https://web.archive.org/web/20171126201110/https://www.personallyspeakingbureau.com/speaker/sahar-hashemi/|archive-date=26 November 2017|url-status=dead}}</ref> | |||
* '''1995''' | |||
Coffee Republic is founded by brother and sister team Bobby and Sahar Hashemi, opening its first site in ] South Molton Street. | |||
In 1996 Coffee Republic Ltd was founded in Greece by Kostas Dalakouras and partners, and still operates in Horeca market all over Greece, providing gourmet coffee products and services. The company is Coffee Republic S.a. now and owns the national trademark for Greece. | |||
* '''1998''' | |||
The group enters the Alternative Investment Market (AIM) by reversing into Arion Properties. The group grows to 24 branches after opening 17 new sites between March and November and has by now expanded beyond the capital to York, Birkenhead, Newcastle and Manchester. | |||
By 1997 Coffee Republic had opened a further seven stores in London and opened its first stores in Newcastle and Manchester. | |||
* '''2000''' | |||
'''July''': Coffee Republic switches from AIM to the full list. At this point, it has 61 coffee bars and cafés and announces plans to open 80 more by 2002. | |||
The group was listed on ] in 1998 by reversing into Arion Properties. The group grew to 24 branches after opening 17 new sites between March and November and had expanded to York, Birkenhead, Newcastle and Manchester. | |||
] | |||
* '''2001''' | |||
'''March''': Hashemi steps down as chief executive but continues as a non-executive director. He returns as executive chairman in the summer of 2002. | |||
Coffee Republic switched from AIM to the full list in July 2000. At this point, it had 61 coffee bars and cafés and announced plans to open 80 more by 2002. | |||
'''December''': Coffee Republic buys the GoodBean coffee bar chain, gaining 12 outlets in south-east England and seven further sites under construction. The acquisition takes the group to 108 outlets. | |||
Bobby Hashemi stepped down as chief executive in March 2001, but continued as a non-executive director; he returned as executive chairman in the summer of 2002. | |||
* '''2002''' | |||
In July, the group announces plans to halt its expansion programme, sell underperforming bars and launch a strategic business review as annual losses grow. A number of takeover talks ensue with easyGroup, Benjys and Caffè Nero. Benjys’ but all offers are rejected. Coffee Republic sells 13 sites to ] and returns to an AIM listing. | |||
Coffee Republic bought the GoodBean coffee bar chain in December 2001, thus gaining 12 outlets in south-east England and seven further sites under construction. The acquisition took the group to 108 outlets. | |||
* '''2003''' | |||
'''August''': Coffee Republic unveils a survival plan to convert itself into a New York-style deli-bar chain called Coffee Republic Deli and whittle its numbers down to a core of 50 outlets. It pilots the concept at Baker Street and Exchange Street in London. | |||
In July 2002, the group announced plans to halt its expansion programme, sell underperforming bars and launch a strategic business review as annual losses grew. A number of takeover talks ensued with easyGroup, Benjys and Caffè Nero but all offers were rejected. Coffee Republic sold 13 sites to ] and returned to an AIM listing. | |||
] | |||
* '''2004''' | |||
'''June''': Coffee Republic sells eight outlets in ] and southern England to ]. | |||
In August 2003, Coffee Republic unveiled a survival plan to convert itself into a New York–style deli-bar chain called Coffee Republic Deli and whittle its numbers down to a core of 50 outlets. It piloted the concept at Baker Street and Exchange Street in London. | |||
* '''2005''' | |||
'''November''': The group signs its first franchise deal and ends the year with four franchised outlets. It intends to retain just 10 to 15 bars under company ownership. | |||
In June 2004 Coffee Republic sold eight outlets in ] and southern England to ]. | |||
* '''2006''' | |||
The group signed its first franchise deal in November 2005 and ended the year with four franchised outlets. It intended to retain just 10 to 15 bars under company ownership. | |||
'''October''': Founder Bobby Hashemi is ousted in a shareholder revolt and the current chairman is Peter Breach.<ref></ref> | |||
In October 2006 Founder Bobby Hashemi was ousted in a shareholder revolt and replaced as chairman by Peter Breach.<ref></ref> | |||
* '''2007''' | |||
The company |
The company signed a franchise agreement in 2007, with the intent to see the brand launched in ], the ] and also Turkey. In June 2006 its first bar opened in Bulgaria in ], and in July its first bar opened in Turkey in Istanbul. | ||
From 1 May 2008, customers were offered free ] across the majority of UK coffee bar estate (10 minutes free then further access subject to purchase). The WiFi is supplied by CommsPort.<ref></ref> | |||
'''June''': | |||
Another bar was opened in Malta Airport. | |||
In June 2008 its first bar opened in Romania in Bucharest. | |||
'''July''': | |||
First bar opening in ] in ]. | |||
In July 2008 Coffee Republic announced that Steven Bartlett, the former shareholder who ousted the company's founder, had stepped down as chief executive. | |||
* '''2008''' | |||
] | |||
'''May''': From 1 May, customers are offered free ] across the majority of UK coffee bar estate (10 minutes free then further access subject to purchase).<ref></ref> | |||
First bar opening in ] Airport. | |||
In August 2008 the first bar in Kuwait opened. | |||
'''June''': | |||
First bar opening in ] in ]. | |||
In December a contactless loyalty card trial was launched with sQuid.<ref></ref> | |||
'''July''': Coffee Republic announces that Steven Bartlett, the former shareholder who ousted the company's founder, Bobby Hashemi, in October 2006, is to step down as chief executive. | |||
The company's first bar opened in ], Saudi Arabia in January 2009 but has since closed. | |||
'''August''': | |||
First bar opening in ], in Kuwait City. | |||
The company was placed into administration in early July 2009 and trading in shares was suspended. At the end of July, following the closure of 18 bars, Coffee Republic was bought out of administration by property firm Arab Investment Ltd. The new company trades as Coffee Republic Trading Ltd.<ref></ref><ref> {{webarchive|url=https://web.archive.org/web/20111006135141/http://www.coffeerepublic.co.uk/news-article.php?id=9 |date=6 October 2011 }}</ref> | |||
'''September''': A ] payment trial launches, a new quick and easy way to pay for purchases of £10 and under using OneTouch payment. | |||
'''December''': A ] loyalty card trial launches with sQuid.<ref>[http://www.finextra.com/fullstory.asp?id=19408 Coffee Republic introduces contactless loyalty card with sQuid <!-- Bot generated title --></ref> | |||
* '''2009''' | |||
'''January''': First bar opening in ] in ]. | |||
==Branches== | ==Branches== | ||
{| class="wikitable" | |||
], ]]] | |||
|+'''Total Coffee Republic Outlets'''<ref name="Coffee Republic Bar Locations"> {{webarchive|url=https://web.archive.org/web/20090218134640/http://www.coffeerepublic.co.uk/bar-locations.php |date=18 February 2009 }}</ref> | |||
{| class="wikitable" | |||
|+'''Total Coffee Republic Outlets'''<ref></ref> | |||
!Country | !Country | ||
!Bars | !Bars | ||
Line 103: | Line 72: | ||
!Total | !Total | ||
|- | |- | ||
|] | |||
|'''{{GBR}}''' | |||
| |
|30 | ||
| |
|300 | ||
| |
|324 | ||
|- | |- | ||
|] | |||
|'''{{SCO}}''' | |||
| |
|5 | ||
| |
|0 | ||
| |
|5 | ||
|- | |- | ||
|] | |||
|'''{{BUL}}''' | |||
| |
|3 | ||
|0 | |0 | ||
| |
|3 | ||
|- | |- | ||
|] | |||
|'''{{KUW}}''' | |||
|3 | |3 | ||
|0 | |0 | ||
|3 | |3 | ||
|- | |- | ||
|] | |||
|'''{{MLT}}''' | |||
| |
|2 | ||
|0 | |0 | ||
| |
|2 | ||
|- | |- | ||
|] | |||
|'''{{ROM}}''' | |||
| |
|2 | ||
|0 | |0 | ||
| |
|2 | ||
|- | |- | ||
|] | |||
|'''{{SAU}}''' | |||
|1 | |1 | ||
|0 | |0 | ||
|1 | |1 | ||
|- | |- | ||
|] | |||
|'''{{TUR}}''' | |||
|3 | |||
|0 | |||
|3 | |||
|- | |||
|] | |||
|1 | |1 | ||
|0 | |0 | ||
|1 | |1 | ||
|- | |- | ||
|] | |||
|'''{{IRL}}''' | |||
|3 | |||
|0 | |||
|3 | |||
|- | |||
|] | |||
|0 | |0 | ||
|1 | |1 | ||
|1 | |1 | ||
|- | |- | ||
|] | |||
|'''TOTAL''' | |||
|2 | |||
|'''85''' | |||
|0 | |||
|'''107''' | |||
|2 | |||
|'''192''' | |||
|- | |- | ||
!TOTAL | |||
!73 | |||
!301 | |||
!374 | |||
|} | |} | ||
==Concession Partners== | ==Concession Partners== | ||
Coffee Republic has |
Coffee Republic has 99 Concessions operated by 7 partners: | ||
], | ], | ||
], | ], | ||
Ealing Londis, | Ealing Londis, | ||
McLeish Deli Sotland, | |||
], | ], | ||
], | ], | ||
], | ], | ||
London Town Hotels.<ref |
London Town Hotels.<ref name="Coffee Republic Bar Locations"/> | ||
== |
==See also== | ||
{{portal|Coffee}} | |||
Imitation is said to be the sincerest form of flattery and whether it is true or not the Coffee Republic brand has spawned a number of unofficial clones worldwide. ‘Fake’ outlets can be found in Australia<ref></ref>, Germany<ref></ref>, Greece<ref></ref>, Philippines<ref></ref>, ] and ]. | |||
* ] | |||
== References == | == References == | ||
Line 173: | Line 156: | ||
== External links == | == External links == | ||
* |
* {{Official website|http://www.coffeerepublic.co.uk}} | ||
* | |||
{{UK Food}} | {{UK Food}} | ||
{{UK-retail-stub}} | |||
{{restaurant-stub}} | |||
] | ] | ||
] | ] | ||
] |
Latest revision as of 16:56, 28 October 2023
British coffee bar and deli chain
[REDACTED] | |
Old style bar on George Street, London. | |
Company type | Private |
---|---|
Industry | Restaurants Retail Coffee and Tea Retail Beverages Entertainment |
Founded | 1995 in London |
Founder | Bobby Hashemi and Sahar Hashemi |
Headquarters | London, England |
Number of locations | 129 |
Area served | United Kingdom, Isle of Man, Middle East, Central and Eastern Europe |
Products | Blended Coffee Beans Boxed Tea Made-to-order beverages Bottled beverages Baked Goods Merchandise Milkshakes Smoothies |
Services | Coffee |
Website | coffeerepublic |
Coffee Republic is a British coffee bar and deli franchise chain founded in 1995.
History
Coffee Republic was founded in 1995 by brother and sister team Bobby and Sahar Hashemi, opening its first site in London's South Molton Street.
In 1996 Coffee Republic Ltd was founded in Greece by Kostas Dalakouras and partners, and still operates in Horeca market all over Greece, providing gourmet coffee products and services. The company is Coffee Republic S.a. now and owns the national trademark for Greece.
By 1997 Coffee Republic had opened a further seven stores in London and opened its first stores in Newcastle and Manchester.
The group was listed on AIM in 1998 by reversing into Arion Properties. The group grew to 24 branches after opening 17 new sites between March and November and had expanded to York, Birkenhead, Newcastle and Manchester.
Coffee Republic switched from AIM to the full list in July 2000. At this point, it had 61 coffee bars and cafés and announced plans to open 80 more by 2002.
Bobby Hashemi stepped down as chief executive in March 2001, but continued as a non-executive director; he returned as executive chairman in the summer of 2002.
Coffee Republic bought the GoodBean coffee bar chain in December 2001, thus gaining 12 outlets in south-east England and seven further sites under construction. The acquisition took the group to 108 outlets.
In July 2002, the group announced plans to halt its expansion programme, sell underperforming bars and launch a strategic business review as annual losses grew. A number of takeover talks ensued with easyGroup, Benjys and Caffè Nero but all offers were rejected. Coffee Republic sold 13 sites to Starbucks and returned to an AIM listing.
In August 2003, Coffee Republic unveiled a survival plan to convert itself into a New York–style deli-bar chain called Coffee Republic Deli and whittle its numbers down to a core of 50 outlets. It piloted the concept at Baker Street and Exchange Street in London.
In June 2004 Coffee Republic sold eight outlets in Cardiff and southern England to Caffè Nero. The group signed its first franchise deal in November 2005 and ended the year with four franchised outlets. It intended to retain just 10 to 15 bars under company ownership.
In October 2006 Founder Bobby Hashemi was ousted in a shareholder revolt and replaced as chairman by Peter Breach. The company signed a franchise agreement in 2007, with the intent to see the brand launched in Northern Ireland, the Republic of Ireland and also Turkey. In June 2006 its first bar opened in Bulgaria in Burgas, and in July its first bar opened in Turkey in Istanbul.
From 1 May 2008, customers were offered free Wi-Fi across the majority of UK coffee bar estate (10 minutes free then further access subject to purchase). The WiFi is supplied by CommsPort. Another bar was opened in Malta Airport.
In June 2008 its first bar opened in Romania in Bucharest.
In July 2008 Coffee Republic announced that Steven Bartlett, the former shareholder who ousted the company's founder, had stepped down as chief executive.
In August 2008 the first bar in Kuwait opened.
In December a contactless loyalty card trial was launched with sQuid.
The company's first bar opened in Jeddah, Saudi Arabia in January 2009 but has since closed.
The company was placed into administration in early July 2009 and trading in shares was suspended. At the end of July, following the closure of 18 bars, Coffee Republic was bought out of administration by property firm Arab Investment Ltd. The new company trades as Coffee Republic Trading Ltd.
Branches
Country | Bars | Concessions | Total |
---|---|---|---|
United Kingdom | 30 | 300 | 324 |
Bulgaria | 5 | 0 | 5 |
Kuwait | 3 | 0 | 3 |
Isle of Man | 3 | 0 | 3 |
Malta | 2 | 0 | 2 |
Bahrain | 2 | 0 | 2 |
Romania | 1 | 0 | 1 |
Saudi Arabia | 3 | 0 | 3 |
Turkey | 1 | 0 | 1 |
Pakistan | 3 | 0 | 3 |
Ireland | 0 | 1 | 1 |
Spain | 2 | 0 | 2 |
TOTAL | 73 | 301 | 374 |
Concession Partners
Coffee Republic has 99 Concessions operated by 7 partners: Greene King, Cineworld, Ealing Londis, Travelodge, Shell, Enterprise Inns, London Town Hotels.
See also
References
- "Sahar Hashemi – Book Sahar Hashemi To Speak at My Event – Speaker". Archived from the original on 26 November 2017. Retrieved 20 April 2018.
- Coffee Republic founder Bobby Hashemi ousted | Business | guardian.co.uk
- Coffee Republic to offer free Wi-Fi
- Coffee Republic introduces contactless loyalty card with sQuid
- Coffee Republic shares suspended – Telegraph
- Coffee Republic – News – News Extra – Error Archived 6 October 2011 at the Wayback Machine
- ^ Coffee Republic Bar Locations Archived 18 February 2009 at the Wayback Machine