Archive for December, 2008

30
Dec
08

Pubs in deal with Coffee Republic

thisisnottingham.co.uk

Tuesday, December 30, 2008, 12:39

gatehouseseating

A PUB company that owns sites across Notts has taken the battle to the coffee bars by signing a deal with the Coffee Republic chain.

The Pub People Company will turn part of The Gatehouse on Upper Parliament Street into a branded area serving cappucinos and lattes rather than cask ales and lagers.

It hopes to hook in city centre customers who would otherwise walk past and head for a branch of Starbucks or Costa Coffee.

The deal could also make a difference to profits in an industry that has been hit hard by a drop-off in drinkers – the profit margin on a cup of coffee is 75% compared to 45% on a pint of beer.

Andrew Crawford is the operations director of The Pub People Company, which is based at South Normanton.

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He said the trial at The Gatehouse could lead to roll out of the coffee shop concession into other pubs in the group provided they were in the right kind of site.

“Coffee in pubs has always worked reasonably well, but with the proliferation of branded coffee shops on the high street it hasn’t really met customer expectations,” he said.

“The Gatehouse is in an area with very high footfall and not so far away from branches of Starbucks and Costa Coffee.

“The pub already attracts a large number of office workers and shoppers for its local cask ales and lunchtime food.

“The endorsement of a strong coffee brand will strengthen the overall offer and fits perfectly with the current decor and furniture style, including the continental style covered outside drinking area.”

The initiative comes at a tough time for the pub industry, which has been hit hard by stay-at-home drinkers.

“It’s never been as hard as it is now,” said Mr Crawford. “Our sales have actually held up very well over Christmas. The problems are more to do with the costs of complying with legislation and pressure on profit margins.

“This could well bring in another type of customer and lead to us extending our hours by opening earlier. It’s also an area where the smoking ban will work in our favour.”

He added: “From a business perspective the profit opportunity is also attractive.

“The investment is relatively low, the labour is already on site and the gross profit margin on coffee is high at over 75% whereas draught beer at the Gatehouse is only 45%.

“Consequently with a relatively small increase in coffee sales the impact on the bottom line overall is excellent and will strengthen the pub operating profit and loss account.”

Mr Crawford said the move was one of a number of innovations being considered by Pub People.

“Pubs have evolved from what they used to be, they will continue to do so and this is one part of that,” he said. “We are looking at different parts of our pubs to see where we can bring in new income streams.”

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27
Dec
08

Enterprise Inns concession

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The Concessions Team at Coffee Republic  has announce that the first Enterprise Inns concession opened on 4th December at The Kings Head in Buckingham.

27
Dec
08

New Coffee Republic in Holborn

The new Coffee Republic is located on Grays Inn Road 5 minutes walk from Chancery Lane Tube Station. This is the first store for franchisees Elias Solomou and Melanie Pearson.

52-54 Gray’s Inn Road, London, WC1X 8LT

Opening:
Mon – Fri 0800-1800,

Sat 0800-1800,

Sun 1000-1800

24
Dec
08

Coffee Republic: 200 outlets in just over three years

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The Coffee Republic franchise announced recently that is expecting to have a network of 200 outlets by the end of the year. With the company’s first franchisee, Henry Runganaikaloo, now celebrating the third anniversary of his first Coffee Republic outlet, the brand is continuing to expand both in the UK and abroad.

Henry Runganaikaloo commented, “I am proud of leading the way for franchisees and being able to demonstrate what the Coffee Republic culture is all about. I am passionate about CR and have seen the brand growing stronger and stronger both nationally and internationally.”

Three new outlets have recently opened their doors to the public: Andrew Bowen has opened his third Coffee Republic Bar in Abingdon, Oxfordshire; franchisee, Andy Fernandez, is celebrating the opening of his first outlet in Liverpool and Mark Christie has opened his fourth Bulgarian Bar in the town of Stara Zagora.

10
Dec
08

Coffee Republic teams up with NUS

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Coffee Republic has announced that it is the newest retailer to join the NUS Extra scheme. NUS Extra is the definitive student discount card with a range of exclusive discounts, offers and competitions designed to make student life more exciting, more memorable and more rewarding.

Coffee Republic will offer NUS Extra card holders a 10% discount off hot drinks at selected bars across our UK estate.

You can visit http://www.nus.org.uk/NUSExtra/ for details.

09
Dec
08

Coffee Republic Launches ‘Payment and Loyalty’ Scheme in Partnership With sQuid eMoney

sq_mkt_crepublic

LONDON, Dec 09, 2008 (BUSINESS WIRE)

Coffee Republic (CFE.L) has announced a new ‘Payment and Loyalty’ smartcard for its customers, using the sQuid eMoney (electronic money) service.

The Coffee Republic eMoney smartcard uses the latest innovation in retailing – contactless payment. It combines ‘pay as you go’, to make life easier for customers, with a loyalty scheme giving customers rewards for redemption in-store.
The smartcard launches in London at Cabot Place – Canary Wharf, Broadgate Exchange – Liverpool Street and Bluewater Shopping Mall, with extensions planned across all Coffee Republic stores early next year.
sQuidcard provides contactless eMoney services in retail and campus networks. With an ability to provide an available-to-all prepaid card, and to deliver multi-purse technology, sQuid is much more flexible than bank cards or other loyalty schemes. It has been specifically designed to replace cash transactions in fast retail environments, and is compatible with transport smartcard applications.
‘We wanted a thoroughly modern, tailored loyalty and payment scheme for our customers’ said Peter Breach, Chairman of Coffee Republic, ‘the sQuid eMoney service gives us the ability to reward our customers at the same time as making their life easier at the point of purchase, and this is something unique in our business. We wanted to move on from the loyalty-only card; we needed contactless, and an ability to extend an online relationship with our customers meant that sQuid was the obvious partner’.
The card will be Coffee Republic branded with an open payments purse and a Coffee Republic loyalty purse. Customers receive promotional funds into this purse, which is then redeemable in-store. Customers can register the card online, view transactions and top-up their open purse, as well as view their loyalty purse. They can also top-up in-store too.
sQuid is a new kind of cash: smart cash. It can be used to pay for those everyday items, such as your morning coffee, a mid morning snack and your lunchtime sandwich. It saves time, is more convenient than cash, and helps you keep an eye on where your money is going. sQuid is an independent eMoney network, you can’t get into debt and you don’t even need a bank account to use it, making it ideal for everyone.
‘We’re creating a revolution in the way people pay for everyday items and we’re making life so much easier’, says Adam Smith, Managing Director of sQuidcard. ‘By incorporating easy payment and loyalty on one card for Coffee Republic, customers will be able to enjoy hassle free payments whilst benefiting from loyalty rewards’.
About sQuidcard Limited
sQuid eMoney is the alternative to the debit and credit card networks for sub GBP 10 contactless transactions – a market forecast to grow rapidly, replacing some of the GBP 200bn cash transactions made each year in the UK.
Deploying existing modular technologies, the simple and proven tap-and-go between card and reader delivers a significantly faster transaction than chip & pin.
sQuid has a multi-purse capability and is compatible with ITSO (transit) schemes. sQuid operates enhanced security between the card, the terminal and the payments engine, and allows additional functions to be delivered to the card holder and the retailer. This enables a sQuidcard to be used not only for low value purchases but also as a pre-pay transit card.
sQuid eMoney is also available in Bolton, Greater Manchester where it compliments the Council’s Bolton Smart smartcard programme. This includes a transport smartcard service which is being developed with the sQuid and Greater Manchester Passenger Transport Executive.
sQuidcard is a subsidiary of Nucleus Limited, a leading brand, internet and venturing business.
09
Dec
08

Winners of Coffee Republic photo competition

martinmann1

The winner is MARTIN MANN

The runner-up are KATE WHEELER and PETER BOWYER.

View the winners’ entries along with a selection of some of the others on the Coffee Republic  Gallery page:

www.coffeerepublic.com/gallery.php