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Blank Street coffee profits surged to £1.3M in 2024, fueled by rapid expansion and popular flavors, while Starbucks cuts UK stores and simplifies menus.
The UK coffee market is seeing heightened competition, with Blank Street reporting a £1.3 million profit in 2024 after a £4.2 million loss, driven by a threefold turnover increase to £35.8 million.
The chain, which opened its first UK store in 2022, now operates 41 locations and plans expansions in Leeds, Manchester, Birmingham, and Edinburgh.
Its growth stems from innovative, social media-friendly flavors like banana bread and blueberry, alongside consistent investment in core coffee offerings.
Consumers are increasingly seeking affordable, enjoyable experiences amid cost-of-living pressures.
This contrasts with Starbucks’ strategy of closing some UK stores and simplifying its menu by 30% by year-end 2025.
Las ganancias del café de Blank Street aumentaron a 1,3 millones de libras en 2024, impulsadas por la rápida expansión y los sabores populares, mientras que Starbucks recorta las tiendas del Reino Unido y simplifica los menús.