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Harris + Hoole

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Harris + Hoole Ltd.
Company typeLimited company
IndustrieHospitality
Gegründet2012
HauptsitzLondon, United Kingdom
Number of locations
46 (February 2016)
Area served
Vereinigtes Königreich
Key people
COO Sam Wignal
ProdukteCoffee, tea, soft drinks
OwnerTesco
Websitewww.harrisandhoole.co.uk
A Harris + Hoole coffee shop in London

Harris + Hoole is a British coffeehouse company headquartered in London. It is 100% owned by British supermarket chain Tesco.

History

The business was launched in 2012 by Nick, Laura and Andrew Tolley, with the retailer Tesco taking a 49% stake in the business.[1] Tesco's investment in the company was controversial, as Harris + Hoole appeared to be an independent chain competing with the major companies Starbucks and Costa Coffee.[2] The name comes from two coffee-loving characters in Samuel Pepys' diary. Tesco own 49% of the company, with Andrew, Nick and Laura Tolley owning 51% of shares.[3] having quit the running of the business,[4] saying they will now concentrate on their Taylor St Baristas chain.

Sites

In March 2014, the company announced it planned to increase its number of shops to 60.[5] In August that year, it announced that six unprofitable shops would be closed, leaving 41 in operation.[6] As of February 2016, the chain has 46 coffee shops.[7]

References

  1. ^ Neate, Rupert (8 August 2012). "Tesco's coffee shop chain to go under Harris and Hoole banner". The Guardian. Retrieved 23 January 2015.
  2. ^ Wheeler, Brian; Barford, Vanessa (9 January 2013). "Tesco effect: How big firms quietly own little brands". BBC News. Retrieved 23 January 2015.
  3. ^ Rupert Neate (8 August 2012). "Tesco's coffee shop chain to go under Harris and Hoole banner | Business". London: The Guardian. Retrieved 18 April 2013.
  4. ^ Butler, Sarah (21 July 2015). "Harris + Hoole founders to quit Tesco-backed coffee chain after three years". The Guardian. ISSN 0261-3077. Retrieved 24 February 2016.
  5. ^ Neate, Rupert (3 March 2014). "Harris + Hoole coffee shop chain planning to double in size". The Guardian. Retrieved 23 January 2015.
  6. ^ Lawson, Alex (19 August 2014). "Tesco coffee shop Harris + Hoole to shut six cafés". The Independent. Retrieved 23 January 2015.
  7. ^ "Harris + Hoole homepage". Harris + Hoole. Retrieved 10 February 2016.