Hospitality & Catering News – a key industry news platform reports strong growth for coffee shops in the UK with the warning of increasing competition in this vibrant sector; please see the quote below for this:
‘Coffee shops are working hard to boost visits too. By the YE June 2017, Britain’s well-known coffee outlets had increased visits by 120 million since 2008 to 659 million visits a year, a 22% increase. They have increased visits faster than the wider QSR sector, which increased visits by 10% between 2008 and 2017. So far, despite the growing competition, coffee shops have maintained market share to provide some 41% of coffee servings in Britain’s QSR sector, a similar level to recent years. Britain’s high street coffee outlets now account for 6% of the visits of the entire British foodservice industry’.
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