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flag 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.

flag 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. flag The chain, which opened its first UK store in 2022, now operates 41 locations and plans expansions in Leeds, Manchester, Birmingham, and Edinburgh. flag Its growth stems from innovative, social media-friendly flavors like banana bread and blueberry, alongside consistent investment in core coffee offerings. flag Consumers are increasingly seeking affordable, enjoyable experiences amid cost-of-living pressures. flag This contrasts with Starbucks’ strategy of closing some UK stores and simplifying its menu by 30% by year-end 2025.

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