The plans to expand over Eastern Europe

Published: 17 August 2003 y., Sunday
Coffeeheaven, a chain of coffee and sandwich shops operating in Poland, is looking to expand in to the Czech Republic and Hungary after seeing a 31 per cent jump in sales in its core market. But the Warsaw-based company, which has 14 outlets nationwide, said sales had slowed in the first four months of the year as hot weather kept customers away from the shopping centres where many of its shops are sited. Sales in the year to 31 March were up 31 per cent on a like-for-like basis, while sales in the four months to 31 July were up 23 per cent on a like-for-like basis. The company blamed the "exceptionally warm Spring weather" for the dip in current year sales, but noted that sales in outlets with al-fresco areas were up 32 per cent. Nevertheless, the growth has given Coffeeheaven, which opened its first shop in Poland in 1999, confidence that it can expand to 50 shops there by the end of 2006 and has spurred it on to open up in the Czech Republic and in Hungary.
Šaltinis: news.independent.co.uk
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Taking stock of the single market

Most EU countries continue to meet deadlines for incorporating single market rules into national law, contributing to economic growth and job creation. more »

Japan debuts new bullet train

Japanese officials unveil their new bullet train, capable of travelling at speeds of 320 km per hour (198 miles per hour). more »

The Security Technology Exhibition KIPS 2011 to be Held in Kiev

The first International Security Technology Exhibition, KIPS 2011, will be held on 23-26 February 2011 in Kiev (Ukraine). The motto of the exhibition is ‘There can never be too much security!’ more »

Dubai dining reaches new heights

The world's highest restaurant opens in Dubai, United Arab Emirates, located 400 metres above ground in Burj Khalifa, the world's tallest tower. more »

Clarifying rules to strengthen consumer rights

The rights of consumers will be clarified and updated, whether they shop at a local store or buy goods on line, under new EU rules as amended by the Internal Market Committee on Tuesday. more »

Fiji and Papua New Guinea: green light for economic agreement

MEPs on Wednesday gave their green light for the Council to conclude an Interim Economic Partnership Agreement with Papua New Guinea and Fiji, two countries of the Pacific Region with significant exports to the EU. more »

Setting the stage for economic recovery

Report sets 10 priorities for tackling the bloc's main economic challenges, launching the first ever ‘European semester'. more »

Capsule rooms appear in Shanghai

China's first capsule hotel ready to open its doors in Shanghai, aims to capture slice of booming leisure budget travel market. more »

A turning point for the European financial sector

Declaration by Michel Barnier on the start of three new authorities for supervision. more »

A successful start for the euro changeover in Estonia

On 1 January, Estonia adopted the euro as its official currency and the changeover is running smoothly and according to plan. more »