10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Starbucks buys UK franchise group 23.5 Degrees

  • Restaurant
  • 15 October 2024
  • 1 minute read
Total
0
Shares
0
0
0

This article was written by Restaurant Online Magazine. Click here to read the original article

image

The purchase of 23.5 Degrees, Starbucks’ largest franchise business partner in the UK, will help the coffee chain improve its in-store experience, it says.

The deal includes 113 stores run by 1,650 employees and increases the total number of Starbucks’ company-operated locations to close to 500 in the UK.

“I want to acknowledge the important contributions of 23.5 Degrees and the dedicated green apron partners,” says Alex Rayner, general manager, UK, Switzerland and Austria

“This strategic move will enable us to enhance our investment in new locations, elevate our in-store experience, and drive innovation for our UK customers.”

The move follows a period of change at Starbucks, which recently replaced​​ CEO Laxman Narasimhan​​ with former Chipotle CEO Brian Niccol following poor performance at the coffee chain. 

The company has also felt pressure from activist investor Elliott Investment Management, which recently acquired a stake in the company and which has called for change at Starbucks following the sales slump.

Private equity-backed 23.5 Degrees is led by managing director Mark Hepburn. The business opened 11 new drive-through locations last year.

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • Categorizing...

AXIS Architecture + Design Completes the 1 Hotel Seattle Luxury Hotel Brand Conversion and Renovation

  • Automatic
  • 19 September 2025
View Post
  • Categorizing...

Proper Hospitality Selects Canary Technologies to Modernize the Guest Journey

  • Automatic
  • 18 September 2025
View Post
  • Categorizing...

Dover Marina Hotel joins Hilton’s Tapestry Collection

  • Cynera Rodricks
  • 18 September 2025
View Post
  • Categorizing...

The Manor and Ashbury resorts sold to Evergreen Escapes Group

  • Heather Sandlin
  • 18 September 2025
View Post
  • Categorizing...

Waterside Hotel unveils 17-bedroom sea-view extension

  • Liam J Moran
  • 18 September 2025
View Post
  • Categorizing...

BoE holds interest rates at 4%

  • Corina Duma
  • 18 September 2025
View Post
  • Categorizing...

Amadeus Research Finds Shifts in Consumers’ Travel Technology Expectations

  • Robin McLaughlin
  • 18 September 2025
View Post
  • Categorizing...

Murrayshall launches luxury pods as part of £30m estate revamp

  • Corina Duma
  • 18 September 2025
Sponsored Posts
  • The Practical Guide to Hotel Automation

    View Post
  • 2025 SOCIETIES Quaterly 3

    View Post
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ

    View Post
Latest Posts
  • AXIS Architecture + Design Completes the 1 Hotel Seattle Luxury Hotel Brand Conversion and Renovation
    • 19 September 2025
  • Proper Hospitality Selects Canary Technologies to Modernize the Guest Journey
    • 18 September 2025
  • Work-Family Decisions Reframed: Human-Centric Leadership Starts Within
    • 18 September 2025
  • My comment on Jordan Hollander's post got deleted. 🤨 That post is about a HotelTechReport + Booking dot com tool that "𝘭𝘰𝘰𝘬𝘴 𝘢𝘵 𝘺𝘰𝘶𝘳 𝘵𝘦𝘤𝘩 𝘴𝘵𝘢𝘤𝘬, 𝘧𝘭𝘢𝘨𝘴 𝘸𝘩𝘢𝘵’𝘴… | Jan Popovic | 13 comments
    • 18 September 2025
  • AHLA Foundation Names Marriott CFO and EVP, Development Leeny Oberg As 2025 Peggy Berg Castell Award Recipient
    • 18 September 2025
Sponsors
  • The Practical Guide to Hotel Automation
  • 2025 SOCIETIES Quaterly 3
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.