The Caffè Nero Group-owned coffee chain will close its 26 Tesco concessions stores over the next few months but has a ‘strong growth plan for 2023 and beyond’ and will focus on high street outlets
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A Harris + Hoole store in Southgate, London | Photo credit: CC BY-SA 4.0
Caffè Nero Group-owned Harris + Hoole will close 26 of its 41 UK locatiobs following the ‘natural conclusion’ of its partnership with supermarket chain Tesco.
Harris + Hoole was founded by Andrew, Nick and Laura Tolley in 2021, with Tesco holding a 49% stake in the business. The supermarket chain then took full control of Harris + Hoole in February 2016 before selling the business to Caffè Nero Group for an undisclosed sum four months later.
In March 2023, Caffè Nero Group highlighted Harris + Hoole as having strong outlet growth potential.
A spokesperson for Harris + Hoole told World Coffee Portal that the coffee chain retains strong growth plans, including a ‘robust’ pipeline of high street stores.
“Harris + Hoole has a strong store opening and growth plan for 2023 and beyond. We are focused on standalone stores in the best locations for our target customer market. Our existing agreement with Tesco comes to a natural conclusion over several months and we’re grateful for our partnership with them and wish them well for the future. Our pipeline for our high street stores remains robust,” the spokesperson said.
Harris + Hoole’s 15 standalone stores are all located in the southeast of the UK, with 10 in London and single sites in Essex, Buckinghamshire, Surrey, Oxfordshire and West Sussex.