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Coffee Chaos

 

Posted At: 10 July 2009 17:17 PM
Related Categories: Retailers

 

Last October/November time I wrote a blog about how great the coffee industry was, and how it was worth £x billion. Now, it seems, I am eating my words, for the cracks are starting to show, and what we expected to happen finally has; people are sacrificing their coffee in a bid to save some cash.

Poor old Coffee republic UK fell into administration this week, closing bars in Manchester, Richmond, Staines, Cheshire, Canterbury and 5 in London, and Starbucks are on the closure path too.

Share your thoughts below; I for one have stopped spending frivolously, and I do consider coffee a frivolity.

Sad times.

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The opinions expressed herein are the personal opinion of the author and are not intended as statements of fact and do not represent the view of SnapShop or Pragma in any way.

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