Caffè Nero says growth is ‘steady’ but coffee prices are likely to rise
Source: US news | The Guardian · Bias: Center Left
Summary
Founder of family-owned firm says it will pause acquisitions after takeover of 15 Compass Coffee stores in USCaffè Nero will continue opening new shops in the UK and overseas, but has warned coffee prices are likely to keep rising as the war in Iran and higher staffing costs feed through.The family-owned business, which has just bought the 15-store Compass Coffee based in Washington DC to convert to its main brand, is aiming to open as many as 30 UK stores and between 50 and 70 more this year across the 10 other countries it operates in. Continue reading...
Related Coverage
- Sources: Trump likely to pardon pollution violators; weighing clemency for Diddy (Center — Politics - CBSNews.com)
- When Teen Chaos Meets a Country Afraid to Say No (Right — PJ Media)
- Big Oil heads for biggest profits in years as Trump pushes for lower gas prices (Right — New York Post)
- Europe Has Replaced Most US Cuts Within NATO, Top Commander Says (Center — Bloomberg Politics)
- This Republican Has a Wild Idea for Fixing Housing Prices: Let the Market Actually Work (Far Right — Townhall)
- Americans hit the road in record numbers for 4th of July — in spite of high gas prices (Right — New York Post)
- Bessent on Trump accounts, gas prices and wage growth (Center — Politics - CBSNews.com)
- Lakers’ trade for Walker Kessler worth steep price — and needed to happen (Right — New York Post)
More Headlines From March 8, 2026
- Trump Makes A HUGE Move to Get the SAVE Act Passed (Right)
- The unlikely tool Trump is eyeing to tackle rising oil prices amid the Iran conflict (Right)
- Counting Starts in Colombian Primaries and Congressional Votes (Center)
- Democrats continue push for DHS reforms following Noem's removal (Center)
- BREAKING: Mojtaba Khameinei Named Iran's Supreme Leader (Right)
