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| ==Coffe Fakepublic== | |||
| 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 == | ||
Revision as of 09:01, 22 April 2009
| Company type | Public (LSE: CFE) |
|---|---|
| Industry | Restaurants Retail Coffee and Tea Retail Beverages Entertainment |
| Founded | In 1995 in London |
| Founder | Bobby Hashemi and Sahar Hashemi |
| Headquarters | London, UK |
| Area served | United Kingdom, Middle East, Central and Eastern Europe |
| Key people | Peter Breach, Chairman, President and CEO Steven Bartlett, Vice-Chairman Nicholas Jeffrey, Non Executive Director, James Muirhead, Financial Director |
| Products | Blended Coffee Beans Boxed Tea Made-to-order beverages Bottled beverages Baked Goods Merchandise Milkshakes Smoothies |
| Services | Coffee |
| Number of employees | 192 (2008) |
| Website | CoffeeRepublic.com |
Coffee Republic is a British coffee bar and deli franchise chain founded in 1995 by brother and sister Bobby and Sahar Hashemi, as they were unable to find a quality coffee chain that matched their New York experience and expectations.
History
- 1995
Coffee Republic is founded by brother and sister team Bobby and Sahar Hashemi, opening its first site in London's South Molton Street.
- 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.
- 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.
- 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.
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.
- 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 Starbucks and returns to an AIM listing.
- 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.
- 2004
June: Coffee Republic sells eight outlets in Cardiff and southern England to Caffè Nero.
- 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.
- 2006
October: Founder Bobby Hashemi is ousted in a shareholder revolt and the current chairman is Peter Breach.
- 2007
The company signs a franchise agreement, which will see the brand launched in Northern Ireland, the Republic of Ireland and also Turkey.
June: First bar opening in Bulgaria in Burgas.
July: First bar opening in Turkey in Istanbul.
- 2008
May: From 1 May, customers are offered free Wi-Fi across the majority of UK coffee bar estate (10 minutes free then further access subject to purchase). First bar opening in Malta Airport.
June: First bar opening in Romania in Bucuresti.
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.
August: First bar opening in Kuwait, in Kuwait City.
September: A contactless payment trial launches, a new quick and easy way to pay for purchases of £10 and under using OneTouch payment.
December: A contactless loyalty card trial launches with sQuid.
- 2009
January: First bar opening in Saudi Arabia in Jeddah.
Branches
| Country | Bars | Concessions | Total |
|---|---|---|---|
 United Kingdom
|
68 | 97 | 165 |
 Scotland
|
6 | 9 | 15 |
 Bulgaria
|
4 | 0 | 4 |
 Kuwait
|
3 | 0 | 3 |
 Malta
|
1 | 0 | 1 |
 Romania
|
1 | 0 | 1 |
 Saudi Arabia
|
1 | 0 | 1 |
 Turkey
|
1 | 0 | 1 |
 Ireland
|
0 | 1 | 1 |
| TOTAL | 85 | 107 | 192 |
Concession Partners
Coffee Republic has 107 Concessions operated by 8 partners: Greene King, Cineworld, Ealing Londis, McLeish Deli Sotland, Travelodge, Shell, Enterprise Inns, London Town Hotels.
References
- "Company Profile for Coffee Republic Plc (CFE)". Retrieved 2008-03-03.
{{cite web}}: line feed character in|title=at position 17 (help) - Coffee Republic founder Bobby Hashemi ousted | Business | guardian.co.uk
- Coffee Republic to offer free Wi-Fi
- [http://www.finextra.com/fullstory.asp?id=19408 Coffee Republic introduces contactless loyalty card with sQuid
- Coffee Republic Bar Locations
- Coffee Republic Bar Locations
External links
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