Archive for the 'coffee' Category

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.

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09
Dec
08

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

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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

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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

03
Dec
08

Coffee Republic completes debt deal with Barclays

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Wed Dec 3, 2008 3:39am EST

* Says becomes free of bank debt

* H1 net loss narrows by 40 pct

* Says may become earnings positive by financial year-end

* Shares up 7 pct (Adds details on results, forecast, trading)

Dec 3 (Reuters) – Coffee Republic Plc (CFE.L: Quote, Profile, Research, Stock Buzz) said on Wednesday it had completed a debt compromise deal with Barclays (BARC.L: Quote, Profile, Research, Stock Buzz) that allowed it to eliminate its bank debt on commercially attractive terms, and its shares rose 7 percent.

The coffee bar and deli franchise chain raised about 680,000 pounds last month by placing around 2.27 million shares at 30 pence each to repay Barclays and secure further working capital.

The company also posted a narrower first-half loss and said it might be earnings positive by the end of the current financial year.

For the six months to Sept. 28, the company posted a net loss of 527,000 pounds ($785,900), compared with a loss of 895,000 pounds a year earlier, while revenue edged up to 3.0 million pounds from 2.9 million pounds.

Coffee Republic said sales at its UK coffee shops were currently showing resilience in the face of a depressed retail environment. Like-for-like network sales were flat, although overall sales rose 33 percent, it said.

AT 0834 GMT, shares of the company were up 7.4 percent at 29 pence on the London Stock Exchange. The shares have lost more than 80 percent of their value in the past year. (Reporting by Srikanth Srinivasa in Bangalore; Editing by Mike Miller)

02
Dec
08

Result of EGM

Coffee Republic has announce that at the Extraordinary General Meeting held yesterday, all resolutions were duly passed. This will allow the Placing and the Company’s debt compromise agreement with Barclays to be completed.

2,205,998 New Ordinary Shares of 6p each will be admitted to trading on 2 December 2008.

Further subscriptions for 66,667 New Ordinary Shares have been received by the Company since the announcement of 27 November 2008 as part of the Placing. The Company will therefore apply for a further 66,667 New Ordinary Shares to be admitted to trading on AIM. It is expected that Admission will become effective for these shares on 5 December 2008. The New Ordinary Shares will rank equally with the existing Ordinary Shares in the Company.

As a result, the total number of New Ordinary Shares subscribed as part of the Placing is 2,272,665, equating to a total subscription amount of £681,799.50. These funds will be used to satisfy the debt compromise agreement with Barclays and to provide an additional amount of working capital.

27
Nov
08

New Republic begins in Exchange Flags

Nov 27 2008 by Dawn Collinson, Liverpool Echo

liverpool

UP ABOVE the clouds at 38,000 feet, Andy Fernandez served coffees to everyone, from Kylie to the Queen. Now the former cabin service director for British Airways has his feet firmly back on the ground, although he’s still in the business of brewing.

Former De La Salle lad Andy has decided to take a career U-turn after 15 years working with the airline to fly home to Liverpool and open his own shop.

Tomorrow night he will realise his ambition with the launch of the city’s first Coffee Republic in the heart of the business district on Exchange Flags. Andy’s good friend, Casualty actress Sunetra Sarker, will officially open the store at its launch party.

It is, he explains, something he’s been considering for the past few years.

He says: “I’ve been flying since I was 19 and I loved my job, the interaction with the public and serving people. But it was long haul, I was always in hotels all over the world and, although that might seem like a great life and it was, it can also be a little bit lonely at times.

“I’m a real family person and I wanted to settle myself back in Liverpool, to work for myself and to have a business where I was going to serve people.”

And if there’s one thing Andy knows about it’s making a decent cappuccino.

“I’ve added it up and I reckon I’ve served about 576,000 cups of coffee and tea in the air,” laughs Andy.

“During my time with BA I worked in a dedicated team of cabin managers who travelled around the world looking after royalty and other VIPs.

“I’ve taken the Queen around Europe, I’ve flown with Tony Blair when he was prime minister, Kylie Minogue on tour and also the Spice Girls. I’ve served all these prestigious people which was amazing and now I want to do it here in Liverpool.

“I’m first class trained so I served our first class customers silver service and we did make freshly ground coffees with foamed milk. It’s pretty similar with my new business, although obviously the machines here are much more advanced than I was using on the aircraft.”

Franchising the Liverpool Coffee Republic flagship store, says Andy, has given him the opportunity to add business skills to his already impressive CV.

“Even though I’m very confident in my customer service skills and my management skills, I’m still at the learning stage with running a business,” he says. “But having a franchise gives you that security and Coffee Republic have been fantastic, taking a lot of the stress away.”

25
Nov
08

Malta International Airport

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Malta

Malta International Airport, Non Schengen Departure Lounge.